Over the past week of ASIC short position data to 28 September, short sellers built their largest new positions in Zip Co (ZIP, up 1.68 percentage points to 12.68% of shares on issue), Artrya (AYA, up 1.37pp to 7.69%) and Boss Energy (BOE, up 0.95pp to 13.19%). 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 Minerals 260 (MI6, down 1.36 percentage points to 8.20% of shares on issue), Lotus Resources (LOT, down 0.82pp to 13.26%) and Vulcan Energy Resources (VUL, down 0.44pp to 7.13%). 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.