Over the past week of ASIC short position data to 22 October, short sellers built their largest new positions in Glencore (GLC, up 4.26 percentage points to 16.41% of shares on issue), PLS Group (PLS, up 1.82pp to 15.08%) and Paladin Energy (PDN, up 1.50pp to 14.30%). 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 Artrya (AYA, down 1.03 percentage points to 8.26% of shares on issue), Aub Group (AUB, down 0.63pp to 6.50%) and Domino's Pizza Enterprises (DMP, down 0.43pp to 10.77%). 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.