When this was written — On 21 October 2026. The figures are as at that date or earlier and have not been updated since.
WiseTech Global was 11.08% shorted on 15 October in ASIC's daily aggregate report, 37,277,389 of 336,345,245 shares. R1 At the 20 October close of $38.64 that position is worth about $1.44 billion. On 16 July it was 8.32%, 27,965,029 shares. R2 The position crossed 10% on 18 September R5 and peaked at 11.17% on 6 October, 37,580,844 shares. R3
It has barely moved since. On 14 October, the day WiseTech lodged "Resolution of ASIC matters" with the exchange, 6 the position was 11.01%. R4 On 15 October it was 11.08%, 244,353 shares higher. R1 That is the latest figure available on 21 October: ASIC publishes four trading days after the position date, so whatever short sellers did on 16, 19 and 20 October is not yet in the record.
Four sessions
The price moved first. WiseTech closed $33.55 on 14 October, $34.50 on 15 October with 4.05 million shares traded, about three times the recent daily run rate, $37.61 on 16 October, up 9.0%, $38.12 on 19 October and $38.64 on 20 October. That is +15.2% from the 14 October close and +23.3% from $31.34 on 1 October. It is still below the $43.49 of 24 August and the $41.05 of 10 August.
Kalkine reports that ASIC issued no-action letters to founder Richard White and two employees, that a separate governance investigation into the company was closed, and that a competition investigation and the pricing of the company's AI products remain open questions. 8 9 The annual report and notice of meeting were lodged on 12 October; R7 Kalkine puts the annual general meeting in late November. 9
What a squeeze would need
Shorted's squeeze screen ranks WiseTech first on the ASX with a score of 82.8: the short position is high, it rose 1.1 percentage points over four weeks, the price is up 20.5% over a month, and days to cover are 20.7 on the 20-day average volume. On the divergence view, stocks where the price is rising while the position is still building, it ranks third behind The Lottery Corporation and a sub-$5 million biotech. These are Shorted's own derived measures, not ASIC's, and a crowded position is a condition for a squeeze, not evidence of one.
The 21-day figure is the one that matters. At 1.8 million shares a day, the 15 October position would take four trading weeks to buy back if nothing else traded. The two heavy sessions on 15 and 16 October, 7.3 million shares between them, were a fifth of it. Later reports can show whether the net position fell as the price rose. They cannot assign trading volume to covering or new buying: new shorts and closed positions can offset each other in the aggregate.
The position was built while the price fell. From $43.49 on 24 August to $31.33 on 25 September the stock lost 28%, and the position went from 8.50% to about 10.6%. An unhedged position opened below the current price would face a mark-to-market loss, before costs. The aggregate does not disclose entry prices, hedges or which holders have bought shares back.
Among software and services names WiseTech is the most shorted at 11.08%, ahead of NextDC at 8.35% and SiteMinder at 8.20%; the sector's average short position rose 0.12 percentage points in the week to 12 October, the largest lift of any industry in that week's report. The WTC page will show the 16 October print within a week.
Disclosure analysis, not a recommendation to buy or sell.