ORE short interest collapses: 10.23% → 0.06% in a week
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.
This Week's Analysis
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
Daily Snapshots
Top Shorted Stocks This Week
Financial Snapshot
Key financial metrics from recent company reports for the most shorted stocks.
Biggest Risers
Stocks with the largest increase in short interest this week.
Biggest Fallers
Stocks with the largest decrease in short interest this week.
Movers Analysis
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
Industry Trends
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
Outlook
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
Frequently Asked Questions
What was the single biggest short-interest move this week?
ORE: 10.23% short fell to 0.06%, a -10.18% weekly change. [ref-1]
Which stock is the most shorted on the ASX right now?
LOT is #1 at 22.87% short (WoW change: -0.03%). [ref-1]
Which stock saw the biggest rise in short interest?
MP1 rose from 4.50% to 5.91%, a +1.41% increase. [ref-1]
Did shorts ease off BOE and TLX, or are they still crowded?
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]
Sources
- ASIC short position data snapshot for 2026-W25 (Report Date: 2026-06-15; Previous Date: 2026-06-12) as provided in report_data (top 10, risers, fallers, market statistics).(2026-06-15) [asic data]
- Megaport Limited (MP1) Half Year Report and Accounts (H1 FY2026) and Correction to H1 FY26 Half Year Announcement (ASX release).(2026-02-20) [financial report]
- G8 Education Limited (GEM) FY25 Full Year Results Announcement (ASX release).(2026-02-23) [financial report]
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.