Over the past week of ASIC short position data to 4 November, short sellers built their largest new positions in Nextdc (NXT, up 2.06 percentage points to 12.79% of shares on issue), Core Lithium (CXO, up 1.51pp to 8.31%) and Vulcan Energy Resources (VUL, up 1.38pp to 13.56%). 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 Glencore (GLC, down 3.82 percentage points to 13.92% of shares on issue), Breville Group (BRG, down 0.57pp to 6.98%) and Domino's Pizza Enterprises (DMP, down 0.54pp to 9.95%). 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.