Week 27, 2026 (29 June 2026 — 3 July 2026)
Shorting eased across the ASX this week (average short 1.44%, WoW -0.03%; 174 risers vs 248 fallers), but AGL was the outlier: short interest jumped from 1.45% to 4.80% (+3.35%), a +4.50 z-score move with 14.6 days-to-cover. At the crowded end, BOE saw a sharp unwind from 14.11% to 11.86% (-2.25%, -2.92 z-score) as the share price ripped +25.74% to $1.27.
By Shorted AI Research · Published · Sourced from official ASIC short position reports (T+4 delay). Methodology · Not financial advice.
The week’s loudest short signal wasn’t LOT or DMP. It was AGL. Short interest in AGL surged from 1.45% to 4.80% (+3.35%) — a +4.50 z-score jump against its own 13-week pattern — and it’s sitting on 14.6 days-to-cover 1. That’s a chunky position to build in a week where the stock only slipped -1.19% to $8.32 2.
At the top of the leaderboard, LOT stayed nailed to 22.81% short (+0.00%) with 14.7 days-to-cover — still the maximum short position in the dataset, and still a crowded exit if the uranium tape turns 1. DMP is doing the opposite of a squeeze headline — it’s drifting lower in short interest to 13.90% (-0.16%). But the positioning is sticky: 33.9 days-to-cover is the most jammed exit in the top 10 1. If you’re looking for where a surprise could hurt, start there. A quieter but more structural build is 4DX: now 11.61% short (+0.20%) with 10.4 days-to-cover, after a 13-week climb from 1.21% to 11.61% 1. That’s happening even with H1 FY2026 revenue from ordinary activities of $2.852 million (down (1%) to 2,852) and underlying SaaS revenue up 31% vs pcp (margin exceeding 90%) 3. Energy in the top 10 is a split screen. BOE de-crowded hard to 11.86% (-2.25%) while PDN held elevated at 11.40% (-0.12%) with 13.2 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.
This week had two types of moves: forced covering where prices ran, and fresh crowding where shorts decided the risk/reward had flipped. Start with the covers. BOE was the cleanest: short interest fell from 14.11% to 11.86% (-2.25%), a -2.92 z-score move, as the stock jumped +25.74% to $1.27 1 2. The company also put out “Boss Achieves FY26 Guidance & Accelerates Feasibility Study” on 2026-07-03 — the sort of headline that makes shorts reduce first and tidy up the thesis later 4. NEU was even more extreme on the stats: shorts dropped from 5.94% to 4.96% (-0.98%), a -6.35 z-score move and the 4th consecutive weekly fall, while the share price surged +37.21% to $16.74 1 2. The catalyst on the tape was “DAYBU recommended for approval in the European Union” (2026-06-29) 5. ZIP kept the same rhythm: 10.17% to 8.83% (-1.34%), a -3.30 z-score move and the 3rd consecutive weekly fall, with the stock up +12.15% to $3.23 1 2. In its H1 FY2026 report, ZIP disclosed $136.4 million of positive cash flows from operations 6. Now the crowding. ALD is the most sustained campaign on the risers list: 1.93% to 2.96% (+1.03%), a +6.35 z-score jump and the 6th straight weekly rise — even as the stock rose +4.05% to $33.88 1 2. It also announced “Ampol Completes Acquisition of EG Australia” on 2026-07-01 7. JHX saw shorts step in too: 2.72% to 3.56% (+0.84%), a +3.20 z-score move (2-week streak), while the share price eased -1.23% to $37.01 1 2. And KGL was the classic capital-raise pressure setup: 0.05% to 0.66% (+0.61%), a +4.02 z-score jump, with the stock down -16.67% to $0.20 1 2. The company’s “Entitlement Offer Opens - Offer Booklet” landed on 2026-07-03 8.
Zooming out, the tape softened: 711 stocks were shorted, average short interest was 1.44%, and the average WoW change was -0.03%, with 248 fallers beating 174 risers 9. But the sector aggregates weren’t uniform. Food, Beverage & Tobacco was the standout on the upside: average short interest rose to 4.57% (WoW +1.14%) across 9 stocks, with TWE the most shorted in the group at 10.96% 10. On the retreat, Automobiles & Components saw the biggest aggregate pullback: average short interest fell to 3.67% (WoW -1.09%) across 4 stocks 10. Pharmaceuticals, Biotechnology & Life Sciences also de-crowded at the aggregate level (avg 1.62%, WoW -0.32%), even though TLX remains the most shorted name in that industry at 11.67% 10.
One thing to watch next week: does AGL’s new 4.80% short position hold, or does it start to unwind? With 14.6 days-to-cover, any upside surprise can turn that +3.35% build into a scramble 1.
Because AGL’s short interest rose from 1.45% to 4.80% (+3.35%) and the dataset assigns it a z-score of +4.50 versus its own 13-week history, indicating an extreme move relative to its normal weekly variation.
DMP has 33.9 days-to-cover at 13.90% short, the highest days-to-cover figure in the top 10.
Food, Beverage & Tobacco rose to an average 4.57% short (WoW +1.14%), with TWE the most shorted stock in that industry at 10.96%.
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.
