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)

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Latest ReportWeek 40, 2026

DRO’s now #1 short — and the exits are getting crowded

Shorting broadened without getting bigger: 173 risers versus 114 fallers, while the average short position held at 1.52% (WoW +0.00%) across 691 stocks. DRO finished the week as the ASX’s most shorted name at 15.17% (+0.43%) with 16.6 days-to-cover, while PLS pushed to 12.29% (+0.40%) for a 12-week streak. The real pressure point is liquidity: DMP (29.2 days-to-cover) and TWE (27.3) are still sitting in the top 10 with exits that could get ugly fast if the tape turns.

Market news

Latest ASX short selling news

Trending This Week

Stocks with the biggest short position changes

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Rising Short Interest
ZIPZip Co Limited..
12.54%+1.32%
AYAArtrya
7.63%+0.97%
PDNPaladin Energy
11.07%+0.71%
BOEBoss Energy
12.94%+0.54%
TLCThe Lottery
8.48%+0.53%
Falling Short Interest
VULVulcan Energy Resources
7.03%-0.60%

Where Short Sellers Are Building and Covering

Over the past week of ASIC short position data to 29 September, short sellers built their largest new positions in Zip Co (ZIP, up 1.32 percentage points to 12.54% of shares on issue), Artrya (AYA, up 0.97pp to 7.63%) and Paladin Energy (PDN, up 0.71pp to 11.07%). 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 Vulcan Energy Resources (VUL, down 0.60 percentage points to 7.03% of shares on issue), Nanosonics (NAN, down 0.34pp to 6.52%) and Electro Optic Systems Holdings (EOS, down 0.34pp to 10.23%). 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
Materials4.6%Consumer Staples Distribution & Retail3.7%Insurance2.7%Banks2.3%Consumer Durables & Apparel2.1%Real Estate Management & Development2.1%Food, Beverage & Tobacco2.1%Automobiles & Components2.0%Consumer Services1.7%Energy1.5%Telecommunication Services1.4%Financial Services1.4%Health Care Equipment & Services1.4%Software & Services1.4%Consumer Discretionary Distribution & Retail1.3%Equity Real Estate Investment Trusts (REITs)1.3%Capital Goods1.2%Media & Entertainment1.1%Semiconductors & Semiconductor Equipment1.0%Pharmaceuticals, Biotechnology & Life Sciences1.0%Commercial & Professional Services0.9%Utilities0.7%Technology Hardware & Equipment0.6%Transportation0.5%Household & Personal Products0.1%

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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 strategy-driven stock picker, 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 %
1DRODroneshield14.91%
2LOTLotus Resources13.21%
3BOEBoss Energy12.94%
4IPXIperionx12.88%
5ZIPZip Co12.54%
6PLSPLS Group12.43%
74DX4Dmedical11.75%
8DMPDomino's Pizza Enterprises11.71%
9PDNPaladin Energy11.07%
10TWETreasury Wine Estates10.82%
11WTCWisetech Global10.76%
12TLXTelix Pharmaceuticals10.67%
13LYCLynas Rare Earths10.55%
14ELDElders10.28%
15EOSElectro Optic Systems Holdings10.23%
16FLTFlight Centre Travel Group10.17%
17RIORio Tinto9.85%
18CUVClinuvel Pharmaceuticals9.01%
19IPHIPH9.00%
20DYLDeep Yellow8.90%
21LLCLendlease Group8.88%
22CU6Clarity Pharmaceuticals8.67%
23EDVEndeavour Group8.64%
24NXTNextdc8.59%
25TLCThe Lottery8.48%
26BRGBreville Group8.38%
27GMDGenesis Minerals8.21%
28MI6Minerals 2608.15%
29SDRSiteminder8.15%
30BPTBeach Energy7.79%
31SLXSilex Systems7.75%
32AYAArtrya7.63%
33MSBMesoblast7.48%
34AUBAub Group7.31%
35PNVPolynovo7.24%
36GDGGeneration Development Group7.13%
37A2MThe A2 Milk Company7.10%
38CATCatapult Sports7.03%
39VULVulcan Energy Resources7.03%
40CYLCatalyst Metals7.02%
41DVPDevelop Global6.73%
42PXAPexa Group6.68%
43NCKNick Scali6.62%
44NANNanosonics6.52%
45ELVElevra Lithium6.50%
46TYRTyro Payments6.48%
47A4NAlpha Hpa6.32%
48CIAChampion Iron6.13%
49ILUIluka Resources6.12%
50ORAOrora6.11%
51XROXero5.87%
52LICLifestyle Communities5.87%
53LTRLiontown5.78%
54DGTDigico Infrastructure Reit5.64%
55RHCRamsay Health Care5.56%
56ABBAussie Broadband5.53%
57GYGGuzman Y Gomez5.47%
58BENBendigo and Adelaide Bank5.46%
59MFGMagellan Financial Group5.45%
60SIGSigma Healthcare5.36%
61ASXASX5.33%
62CBOCobram Estate Olives5.27%
63ARUArafura Rare Earths5.21%
64AGLAGL Energy5.20%
65INAIngenia Communities Group5.20%
66SULSuper Retail Group5.13%
67ACLAustralian Clinical Labs5.06%
68NECNine Entertainment Co. Holdings4.98%
69PNIPinnacle Investment Management Group4.93%
70ARBARB4.90%
71KARKaroon Energy4.90%
72TPWTemple & Webster Group4.81%
73NHCNew Hope4.67%
74EVNEvolution Mining4.47%
75HSNHansen Technologies4.42%
76CARCar Group4.41%
77SDFSteadfast Group4.41%
78HMCHMC Capital4.38%
79MINMineral Resources4.38%
80SBMSt Barbara4.27%
81PPTPerpetual4.23%
82PMEPro Medicus4.23%
83BOQBank of Queensland4.21%
84BMNBannerman Energy4.16%
85INGInghams Group4.15%
86MTSMetcash3.92%
87LINLindian Resources3.88%
88ARFArena Reit3.85%
89REARea Group3.84%
90CHNChalice Mining3.83%
91PDIPdi Gold3.83%
92VCXVicinity Centres3.74%
93CXOCore Lithium3.65%
94FMGFortescue3.57%
95AOVAmotiv3.51%
96HLIHelia Group3.50%
97SRLSunrise Energy Metals3.48%
98MPLMedibank Private3.43%
99RFFRural Funds Group3.35%
100MAFMa Financial Group3.33%

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.