The 10 Most Shorted ASX Stocks · Week 24, 2026
8 June 2026 — 12 June 2026
Shorting broadened again: 242 risers versus 176 fallers (moves >0.01pp), pushing the average short position to 1.50% (+0.03% WoW) across 701 names [ref-1]. LOT jumped to 22.90% (+2.95%) — a 10-week streak and a +2.13 z-score move — with 13.8 days-to-cover [ref-1]. The week’s cleanest “get me out” prints were SDF down to 1.97% (-1.17%, z-score -7.42) and MP1 down to 4.50% (-1.29%, z-score -2.74) as both stocks ripped higher [ref-1] [ref-2].
By Shorted AI Research · Published · Sourced from official ASIC short position reports (T+4 delay). Methodology · Not financial advice.
LOT didn’t just stay the most shorted stock on the ASX. Shorts hit it again. Short interest jumped from 19.94% to 22.90% (+2.95%) — the 10th straight weekly increase — and it landed as a +2.13-sigma move versus LOT’s own 13-week pattern 1. The price did its part too: down -13.33% for the week to $0.52 (range $0.49-$0.56) 2. This is what a campaign looks like.
At the top, the theme is “hard to exit”. • LOT: 22.90% short, 13.8 days-to-cover 1. • BOE: 15.29% (+1.31%) with 14.6 days-to-cover — and the stock slid -13.85% to $1.12 (range $1.10-$1.24) 1 2. Shorts are leaning into weakness. Then there’s the liquidity trap: DMP is 14.52% short (-0.28%) but sits on 31.8 days-to-cover 1. That’s not a trade you casually unwind. The rest of the top 10 is a mix of slow grinds and small trims: TLX eased to 13.89% (-0.91%) with 20.5 days-to-cover; GYG is 12.51% (-0.18%) with 20.9 days-to-cover; TWE is 12.48% (-0.15%) with 20.6 days-to-cover 1. CAR keeps stair-stepping higher to 12.03% (+0.25%) — the 13-week path from 6.38% to 12.03% is as steady as it gets — with 19.8 days-to-cover 1.
Key financial metrics from recent company reports for the most shorted stocks.
Stocks with the largest increase in short interest this week.
Stocks with the largest decrease in short interest this week.
The biggest single-week shock was ORE: 2.98% to 10.23% (+7.25%) 1. The week included an ASX “Statement of CDIs on issue” (2026-06-11) — the kind of housekeeping update that can still trigger fast repositioning when the register is moving 3. Two risers were genuine statistical outliers: • IPH: 8.76% to 10.07% (+1.31%) on a +3.95 z-score — while the stock rose +7.07% to $4.24 (range $3.92-$4.34) 1 2. That’s shorts stepping in against strength. IPH’s HY26 numbers show profit from ordinary activities after tax attributable to members of $41.2 million and gross operating cashflows of $103.9 million, so this isn’t a “no fundamentals” short — it’s a view on what comes next 4. • LOT: 19.94% to 22.90% (+2.95%), +2.13 z-score, streak 10 weeks 1. MYX also popped on the stats: 1.49% to 2.82% (+1.32%) with a +2.27 z-score, even as the stock gained +9.05% to $2.41 (range $2.26-$2.49) 1 2. On the other side, the tape forced covers. • SDF: 3.14% to 1.97% (-1.17%) with a -7.42 z-score as the stock surged +28.75% to $5.15 (range $3.92-$5.40) 1 2. The move came in a week that included a trading halt and “Steadfast enters into Process Deed” (both 2026-06-10) 5. • MP1: 5.79% to 4.50% (-1.29%) with a -2.74 z-score as the stock jumped +17.71% to $18.88 (range $17.09-$19.69) 1 2. The week also carried a Retail Entitlement Offer Announcement and Booklet (2026-06-11) plus a cluster of substantial holder and quotation updates 6. And two “unwind despite pain” tells: NXT fell from 8.22% to 7.56% (-0.66%) for a 5-week streak lower (z-score -2.51) even as the stock dropped -11.06% to $14.56 (range $14.34-$15.83) 1 2. ILU slid from 7.36% to 6.67% (-0.69%) for a 4-week streak lower (z-score -3.24) while the stock fell -7.22% to $7.33 (range $6.81-$7.67) 1 2.
The sector picture (aggregates only) says the pressure is selective, not universal. Automobiles & Components is still the most shorted industry on average at 4.77% (+0.20%) across 3 stocks, led by PWH at 7.50% 1. Consumer Staples Distribution & Retail sits at 3.87% (-0.07%) across 5 stocks, with EDV the most shorted at 10.31% 1. The biggest aggregate retreat was Software & Services: average short interest fell to 1.64% (-0.15%) across 38 stocks, with NXT still the most shorted in the group at 7.56% 1. Insurance also eased to 3.08% (-0.13%) across 9 stocks, led by GDG at 9.05% — lining up with the air-pocket cover in SDF 1. Pharmaceuticals, Biotechnology & Life Sciences ticked up to 2.12% (+0.11%) across 27 stocks, with TLX still the most shorted at 13.89% 1.
Watch ORE next week. After a one-week jump to 10.23% short from 2.98%, the follow-through (or lack of it) will tell you whether that was a quick hedge around register movement — or the start of a new, sustained short 1.
Days-to-cover estimates how many trading days it would take shorts to buy back shares based on average volume. At 31.8 days-to-cover, DMP is a crowded exit — if positioning flips, liquidity can become the whole story [ref-1].
LOT’s short interest rose from 19.94% to 22.90% (+2.95%) with a +2.13 z-score, meaning the weekly jump was large versus LOT’s own 13-week pattern, and it extended a 10-week streak of increases [ref-1].
ORE’s short interest moved from 2.98% to 10.23% (+7.25%) and the week included a 2026-06-11 “Statement of CDIs on issue” announcement, which can coincide with rapid repositioning [ref-1] [ref-3].
SDF short interest fell from 3.14% to 1.97% (-1.17%) with a -7.42 z-score while the share price surged +28.75% to $5.15, and the company was in a trading halt with a “Steadfast enters into Process Deed” update [ref-1] [ref-2] [ref-5].
It broadened: 242 stocks saw short interest rise versus 176 that fell (moves >0.01pp), and the market average short position increased to 1.50% (+0.03% WoW) [ref-1].
Track the live rankings on the most shorted ASX stocks page, watch short squeeze candidates, or see market-wide totals in the ASX short selling statistics.
Data sourced from ASIC short position reports (T+4 delayed). This report is for informational purposes only and does not constitute financial advice. Short selling data may not reflect real-time market conditions.
