The 10 Most Shorted ASX Stocks · Week 25, 2026
15 June 2026 — 19 June 2026
The week’s standout move was ORE, where short interest fell from 10.23% to 0.06% (a -10.18% swing). In the top 10, shorts eased across BOE (15.29% → 14.38%) and TLX (13.89% → 12.94%), while LOT stayed the ASX’s most shorted name at 22.87%.
By Shorted AI Research · Published · Sourced from official ASIC short position reports (T+4 delay). Methodology · Not financial advice.
If you only look at one line this week, make it ORE: short interest cratered from 10.23% to 0.06% in a single week (-10.18%). That’s not “positioning drift” — that’s a wholesale exit, and it dwarfs everything else on the tape. 1
At the pointy end, LOT remains the market’s favourite short at 22.87% (down -0.03% WoW). DMP is still heavily targeted at 14.48% (-0.04%), but the more telling move is in uranium: BOE dropped to 14.38% from 15.29% (-0.91%), while LOT barely budged. 1 Healthcare shorts also backed off. TLX fell to 12.94% from 13.89% (-0.95%), taking some heat out of the top 10. Meanwhile, GYG (12.54%, +0.03%) and FLT (11.45%, +0.02%) were small adds — not aggressive, but enough to show shorts are still happy to lean into consumer-facing names. 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 new aggression was in MP1: short interest jumped from 4.50% to 5.91% (+1.41%). That’s a meaningful weekly step-up, and it lands on a company that reported a net loss after tax of $19.072M in H1 FY2026 (with EBITDA of $35.280M and revenue of $134.858M). Shorts are effectively saying the market’s still paying up for a business that hasn’t proven profitability. 2 GEM also drew fresh attention, rising from 4.78% to 5.58% (+0.80%). With FY2025 revenue of $948.2M and EPS of -39.2c, it’s not hard to see why sceptics keep showing up. 3 On the unwind side, TLX (13.89% → 12.94%) and BOE (15.29% → 14.38%) were both material covers, but they were still second-tier compared with ORE’s wipeout. 1
Zooming out, this was a “cover first, ask questions later” week at the top end: the WoW average change was -0.01% across 699 stocks shorted, and 4 of the top 10 names saw shorts fall. 1 Sector-wise, the tape is mixed. Uranium is split (LOT steady at 22.87% while BOE is being covered), gold saw shorts step away in WAF (2.12% → 1.12%) and violently in ORE (10.23% → 0.06%), and defensives with yield are attracting incremental shorts: SGP rose from 2.26% to 2.89% (+0.63%) and ALX from 0.85% to 1.42% (+0.57%). 1
Watch whether ORE stays pinned near 0.06% or rebounds — moves this extreme often mean a one-off catalyst has passed. Next week’s cleaner signal is MP1: after a +1.41% jump to 5.91%, any follow-through would confirm shorts are building a real campaign. 1
ORE: 10.23% short fell to 0.06%, a -10.18% weekly change. [ref-1]
LOT is #1 at 22.87% short (WoW change: -0.03%). [ref-1]
MP1 rose from 4.50% to 5.91%, a +1.41% increase. [ref-1]
They eased: BOE fell from 15.29% to 14.38% (-0.91%) and TLX from 13.89% to 12.94% (-0.95%), but both remain top-10 shorted names. [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.
