Battlegrounds

ASX Short Squeeze Candidates

ASX short squeeze candidates, scored daily. The squeeze radar ranks stocks by squeeze risk — days-to-cover, short interest, price momentum, and short-position crowding — while the battlegrounds view surfaces live divergences where the price is rising even as shorts keep building. Sourced from official ASIC short position reports, updated daily with a T+4 trading day delay. Read the methodology.

Stocks ranked by squeeze risk — a 0-100 score combining days-to-cover, short interest, recent price momentum, and short-position crowding.

StockShort %Δ Short 4wPriceΔ Price 1mSqueeze score
EOS logoEOSElectro Optic Systems Holdings10.4%+2.9%$11.49+22.2%
89.3
BOE logoBOEBoss Energy13.2%+3.4%$1.53+12.0%
78.9
4DX logo4DX4dmedical11.9%-0.4%$4.34+28.0%
78.9
PDI logoPDIPredictive Discovery3.7%+3.7%$5.10+18.9%
76.4
MI6 logoMI6Minerals 2608.2%+3.4%$0.86+6.8%
73.2
IPX logoIPXIperionx12.8%+2.5%$2.40-17.0%
73.2
DRO logoDRODroneshield15.2%-0.2%$1.82+6.4%
71.4
ZIP logoZIPZip Co Limited..12.7%+1.6%$2.07-14.8%
66.2
INA logoINAIngenia Communities Group5.2%+1.5%$4.78+32.8%
65.8
PLS logoPLSPls Group12.3%+1.2%$3.70-28.7%
65.5
WTC logoWTCWisetech Global10.6%+1.5%$33.43-11.2%
64.0
TLC logoTLCThe Lottery8.3%+2.2%$4.86-2.0%
62.5
SDR logoSDRSiteminder8.2%+2.2%$2.75-2.5%
62.2
ABB logoABBAussie Broadband5.4%+3.2%$4.21+0.5%
61.2
AUB logoAUBAub Group7.2%+2.3%$26.76-6.2%
61.1
TWE logoTWETreasury Wine Estates10.9%-0.9%$5.61+3.9%
60.6
LLC logoLLCLendlease Group8.9%+1.3%$2.64-11.1%
59.1
PDN logoPDNPaladin Energy11.0%+0.4%$9.07-18.4%
59.0
GDG logoGDGGeneration Development Group7.1%+2.0%$2.72-11.1%
58.9
SRL logoSRLSunrise Energy Metals3.5%+2.4%$21.09+31.7%
58.9
CAN logoCANCann Group4.4%+3.5%$0.000.0%
58.8
KCC logoKCCKincora Copper2.2%+2.1%$0.93+8.8%
58.8
ARU logoARUArafura Rare Earths5.2%+3.2%$0.17-10.5%
58.8
CYL logoCYLCatalyst Metals6.9%+2.0%$5.76-13.5%
58.7
DMP logoDMPDomino'S Pizza Enterprises11.8%-0.3%$19.76-3.3%
58.5

Showing top 25 of 313 matching stocks.

How squeeze scores are calculated

Squeeze scores are recomputed daily from official ASIC short position reports — the same disclosures behind our top 100 most shorted ASX stocks rankings. The universe is ASX equities (ETFs and debt securities are excluded) with reported short interest of at least 1% of issued capital. Each stock receives a score from 0 to 100, a weighted blend of four inputs:

  • Days-to-cover (35% weight) — reported short shares divided by the 20-trading-day average daily volume: an estimate of how many days of normal trading short sellers would need to buy back their entire position. Contribution is capped at 10 days. See days to cover in the glossary.
  • Short interest (30%) — ASIC-reported short positions as a percentage of total shares on issue, capped at 15%.
  • Price momentum (20%) — the 1-month share price change. Only positive momentum contributes, since a rising price is what pressures short sellers; capped at +20%.
  • Crowding (15%) — the 4-week change in short interest. Only increases contribute, capped at +3 percentage points.

A high score does not predict a squeeze — it flags the preconditions for one: a large, crowded short position that would take days of normal volume to unwind, in a stock already moving against the shorts. For how those preconditions turn into forced buying, see short squeeze mechanics.

The battlegrounds (divergence) view uses the same inputs differently: it surfaces only the stocks where the price rose over the past month while short interest also grew over the past four weeks, ranked by the intensity of that divergence.

A caveat on timing: ASIC publishes aggregate short positions with a T+4 trading-day delay, so the short interest behind these scores reflects positions from four trading days ago while prices are more recent. A fast-moving squeeze can be partially covered before it shows up in the data.