Shorted

Shorting the ASX: Australia's Most Shorted Stocks, from Official ASIC Data

Everything you need to track shorting on the ASX — official ASIC short selling data updated daily with T+4 delay. Follow the most shorted ASX stocks, analyze short interest trends, and explore industry heatmaps.

Most Shorted ASX Stocks

ASIC short position data as at (T+4 reporting delay)

Loading market data...

Loading market data...

Latest ReportWeek 33, 2026

DRO gets shorted into a +19.78% rip — while LOT finally sees air

DroneShield (DRO) stayed top of the ASX short table at 15.65% (+0.26% WoW) even as the stock ran to $2.18 (+19.78% for the week). The cleaner signal was the unwind: Lotus Resources (LOT) shed -1.03% WoW to 11.28% as the stock sat at $0.23 (+0.00% week, -65.15% month). Market-wide positioning barely moved: 688 stocks shorted, average short 1.48% with a +0.01% WoW average change.

Market news

Latest ASX short selling news
Kalkine$ARU
Neutral
just now

Arafura Rare Earths (ASX:ARU) Deal Watch: What the Latest Moves Could Mean on 19 August

Highlights On 18 August, the [S&P/ASX 200] finished at, down points, while the [All Ordinaries] closed at. The near-flat index concealed sharp sector dispersion: healthcare advanced strongly, BHP rose after its FY26 result, while bank and consumer weakness offset those gains. Arafura Rare Earths (ASX:ARU) is the primary lens, with Iluka Resources (ASX:ILU), Lynas Rare Earths (ASX:LYC), Australian Strategic Materials (ASX:ASM) providing category context. The analysis focuses on rare-earth pr...

Continue reading
Kalkine$ASM
Neutral
just now

Australian Strategic (ASX:ASM) Market Lens: Why The Project Economics Lens Matters on 19 August

Highlights On 18 August, the [S&P/ASX 200] finished at, down points, while the [All Ordinaries] closed at. The near-flat index concealed sharp sector dispersion: healthcare advanced strongly, BHP rose after its FY26 result, while bank and consumer weakness offset those gains. Australian Strategic Materials (ASX:ASM) is the primary lens, with Iluka Resources (ASX:ILU), Lynas Rare Earths (ASX:LYC), Arafura Rare Earths (ASX:ARU) providing category context. The analysis focuses on rare-earth pr...

Continue reading
Kalkine$BHP
Neutral
just now

BHP Group (ASX:BHP) Earnings Shift: What the Changing Mix Means on 19 August

Highlights On 18 August, the [S&P/ASX 200] finished at, down points, while the [All Ordinaries] closed at. The near-flat index concealed sharp sector dispersion: healthcare advanced strongly, BHP rose after its FY26 result, while bank and consumer weakness offset those gains. BHP Group (ASX:BHP) is the primary lens, with Rio Tinto (ASX:RIO), Fortescue (ASX:FMG), Mineral Resources (ASX:MIN) providing category context. The analysis focuses on iron-ore volumes, realised pricing, Pilbara cost c...

Continue reading

Trending This Week

Stocks with the biggest short position changes

Screen all stocks
Rising Short Interest
LOTLotus Resources
15.36%+3.04%
TWETreasury Wine Estates
11.31%+0.54%
A4NAlpha Hpa
7.80%+0.46%
4DX4dmedical
12.29%+0.43%
PLSPls Group
10.63%+0.38%
Falling Short Interest
BOEBoss Energy
10.88%-1.24%
ZIPZip Co Limited..
7.91%-0.67%
TLXTelix Pharmaceuticals
10.75%-0.55%
PNVPolynovo
9.02%-0.41%
GYGGuzman Y Gomez
7.53%-0.41%

Where Short Sellers Are Building and Covering

Over the past week of ASIC short position data to 13 August, short sellers built their largest new positions in Lotus Resources (LOT, up 3.04 percentage points to 15.36% of shares on issue), Treasury Wine Estates (TWE, up 0.54pp to 11.31%) and Alpha Hpa (A4N, up 0.46pp to 7.80%). Rising short interest signals growing bearish conviction against a stock among hedge funds and institutional investors.

On the other side of the ledger, shorts covered most heavily in Boss Energy (BOE, down 1.24 percentage points to 10.88% of shares on issue), Zip Co (ZIP, down 0.67pp to 7.91%) and Telix Pharmaceuticals (TLX, down 0.55pp to 10.75%). Falling short interest can mean the bear case has played out — or that short sellers are locking in profits and reducing exposure.

Track every position change in the stock screener or browse the top 100 most shorted ASX stocks.

Browse by Industry

Explore short positions across 25 ASX industry sectors

View all industries
Materials4.4%Consumer Staples Distribution & Retail3.5%Automobiles & Components2.9%Consumer Services2.2%Food, Beverage & Tobacco1.9%Consumer Durables & Apparel1.9%Health Care Equipment & Services1.8%Real Estate Management & Development1.7%Banks1.7%Insurance1.6%Consumer Discretionary Distribution & Retail1.6%Energy1.5%Media & Entertainment1.5%Financial Services1.3%Software & Services1.1%Equity Real Estate Investment Trusts (REITs)1.1%Capital Goods1.1%Pharmaceuticals, Biotechnology & Life Sciences1.0%Telecommunication Services0.7%Commercial & Professional Services0.7%Transportation0.7%Utilities0.7%Semiconductors & Semiconductor Equipment0.5%Technology Hardware & Equipment0.4%Household & Personal Products0.1%

Macro dashboard

Australian economy

Interactive state map — unemployment, trade, state final demand and fuel, with cash rate and CPI. ABS, RBA and DCCEEW open data.

Macro dashboard

House prices tracker

National and suburb-level prices, demographics and drilldown maps from ABS and RBA data.

Featured investigation

The Widow-Maker

Why betting against Australian housing keeps failing — negative gearing, the 1999 CGT switch, the buying power of four banks, and what Japan and China teach about the day it breaks.

4 interactive dashboards · 27 sources · 23 June 2026

Read the investigation

Latest from the blog

View all
Activist Short Sellers on the ASX: The Major Campaigns and What Happened Next

Activist Short Sellers on the ASX: The Major Campaigns and What Happened Next

Glaucus, Bonitas, VGI. A short report can take a third off an ASX company in a session, and Australian outcomes have run the full range from vindication to a Supreme Court finding of misleading conduct. Here's what activist shorting is, what ASIC's INFO 255 asks of everyone involved, and how the landmark campaigns actually resolved.

ASX Reporting Season and Short Sellers: What August Does to Crowded Shorts

ASX Reporting Season and Short Sellers: What August Does to Crowded Shorts

Australian reporting season compresses hundreds of results into a few weeks in February and August. For heavily shorted stocks it is the window where a thesis either gets confirmed or gets run over, and ASIC's four-day reporting lag means you watch the covering arrive after the fact. Here is how the season works and how to read short data through it.

The Most Shorted ASX Sectors: Where Short Interest Concentrates and Why

The Most Shorted ASX Sectors: Where Short Interest Concentrates and Why

Short interest on the ASX is not spread evenly. It piles into materials, energy and a handful of consumer and healthcare names, and it rotates as commodity cycles turn. Here's how sector-level short interest is actually constructed, what drives it, and how to read the industry view without being misled by a handful of microcaps.

About this data

Where the data comes from

Official ASIC reports

All short position data is sourced directly from ASIC (Australian Securities and Investments Commission) daily reports. We track over 4,500 ASX-listed securities with historical data from 2010 to present — the top 100 short positions on the ASX, with interactive historical charts and industry sector breakdowns.

Why the data is 4 trading days old

T+4 reporting delay

ASIC publishes short position data with a 4 trading day delay to balance market transparency with preventing potential manipulation. Data shown reflects positions from 4 trading days ago, not real-time figures.

What you can do here

Charts, screeners and reports

View interactive historical charts, industry heatmaps, and weekly reports. Screen stocks by short interest, days to cover, director trades, and news sentiment. Track short interest trends, identify heavily shorted companies, and monitor bearish sentiment across the Australian market.

Go deeper: ASX short selling statistics — total dollars shorted, daily short interest scans, the top 100 most shorted ASX stocks, or the full list of ASX short positions.

New to this? Learn how short selling works on the ASX, keep the short selling glossary handy, then read the weekly ASX short selling reports.

The 100 most shorted stocks on the Australian Securities Exchange, ranked by short interest, sourced from official ASIC short position data with T+4 trading day delay.
RankCodeCompanyShort Interest %
1DRODroneshield15.37%
2LOTLotus Resources15.36%
3DMPDomino's Pizza Enterprises12.64%
44DX4Dmedical12.29%
5CARCar Group11.90%
6PDNPaladin Energy11.44%
7FLTFlight Centre Travel Group11.35%
8TWETreasury Wine Estates11.31%
9BOEBoss Energy10.88%
10TLXTelix Pharmaceuticals10.75%
11PLSPLS Group10.63%
12LYCLynas Rare Earths10.52%
13ELDElders10.49%
14HLSHealius10.31%
15BAPBapcor10.04%
16GMDGenesis Minerals10.02%
17RIORio Tinto9.95%
18IPXIperionx9.73%
19PNVPolynovo9.02%
20COHCochlear8.98%
21DYLDeep Yellow8.92%
22CUVClinuvel Pharmaceuticals8.66%
23BPTBeach Energy8.60%
24EDVEndeavour Group8.44%
25WTCWisetech Global8.33%
26CU6Clarity Pharmaceuticals8.23%
27SLXSilex Systems8.12%
28SHLSonic Healthcare7.93%
29ZIPZip Co7.91%
30A4NAlpha Hpa7.80%
31NXTNextdc7.68%
32MSBMesoblast7.60%
33ACLAustralian Clinical Labs7.56%
34GYGGuzman Y Gomez7.53%
35IPHIPH7.50%
36VULVulcan Energy Resources7.46%
37EOSElectro Optic Systems Holdings7.43%
38BMNBannerman Energy7.41%
39BRGBreville Group7.38%
40A2MThe A2 Milk Company7.28%
41LICLifestyle Communities7.08%
42DVPDevelop Global6.91%
43NANNanosonics6.82%
44CATCatapult Sports6.75%
45TPWTemple & Webster Group6.73%
46JINJumbo Interactive6.65%
47ILUIluka Resources6.60%
48ORAOrora6.52%
49ARBARB6.21%
50LLCLendlease Group5.97%
51INGInghams Group5.89%
52ASXASX5.88%
53DGTDigico Infrastructure Reit5.88%
54MI6Minerals 2605.78%
55FFMFirefly Metals5.78%
56GEMG8 Education5.75%
57CIAChampion Iron5.69%
58AGLAGL Energy5.66%
59NCKNick Scali5.66%
60HMCHMC Capital5.63%
61RHCRamsay Health Care5.54%
62PNIPinnacle Investment Management Group5.41%
63PWHPwr Holdings5.40%
64CTDCorporate Travel Management5.36%
65SGPStockland5.30%
66UNIUniversal Store Holdings5.00%
67CYLCatalyst Metals4.94%
68SBMSt Barbara4.93%
69PXAPexa Group4.89%
70MINMineral Resources4.87%
71NEUNeuren Pharmaceuticals4.68%
72AUBAub Group4.65%
73NHCNew Hope4.65%
74TLCThe Lottery4.48%
75XROXero4.42%
76KARKaroon Energy4.38%
77EVNEvolution Mining4.33%
78TYRTyro Payments4.21%
79PMEPro Medicus4.17%
80IELIdp Education4.09%
81PDIPredictive Discovery4.03%
82REARea Group3.80%
83MYRMyer Holdings3.77%
84JHXJames Hardie Industries3.71%
85EVTEVT3.71%
86SULSuper Retail Group3.63%
87BENBendigo and Adelaide Bank3.59%
88LTRLiontown3.53%
89MTSMetcash3.53%
90QUBQube Holdings3.48%
91SOLWashington H. Soul Pattinson and Company3.48%
92JBHJb Hi-Fi3.46%
93PNRPantoro Gold3.46%
94LOVLovisa Holdings3.45%
95ELVElevra Lithium3.41%
96BC8Black Cat Syndicate3.41%
97SIGSigma Healthcare3.40%
98SNLSupply Network3.38%
99WDSWoodside Energy Group3.29%
100GDGGeneration Development Group3.28%

View all top 100 most shorted ASX stocks

Short selling on the ASX: common questions

Is short selling legal in Australia?

Yes. Short selling is legal in Australia and regulated by ASIC, the Australian Securities and Investments Commission, which requires market participants to report their net short positions. Naked short selling — selling shares without first arranging to borrow them — is prohibited under section 1020B of the Corporations Act 2001.

What is short interest?

Short interest is the total number of shares held short in a stock, usually expressed as a percentage of the company's total shares on issue. On the ASX, below 5% is normal, 10-15% is elevated, and above 20% signals extreme bearish positioning and potential short squeeze pressure.

Why is ASIC short data 4 trading days delayed?

ASIC publishes aggregated short positions with a T+4 trading day delay, so each report reflects positions held four trading days earlier. The delay gives ASIC time to compile accurate figures, protects reporters from being front-run, and limits the scope for market manipulation.

How do you short a stock on the ASX?

You borrow the shares through a broker with a securities lending arrangement in place, sell them at the current price, then buy them back later — profiting if the price has fallen. Covered short selling is the only legal form in Australia, and losses are theoretically unlimited if the price rises instead. Read the full guide to shorting the ASX.

More answers in the short selling FAQ, or work through the short selling guides in Learn.