Highest Days to Cover on the ASX
Shorts needing 10+ days of normal volume to exit — the squeeze-fuel metric.
About this scan
Days to cover divides a stock's reported short shares by its 20-day average trading volume: how long the entire short interest would take to buy back at normal turnover. When it stretches past ten days, shorts cannot exit quickly — any forced buying pushes the price into their own bids. This scan lists ASX stocks with at least ten days to cover and meaningful short interest (2%+ of issued capital, filtering out illiquid noise), ranked by the metric. It is the single best fuel gauge for squeeze potential; the squeeze radar combines it with momentum and crowding.
All inputs come from official ASIC short position reports (published with a T+4 trading-day delay) joined with daily price and volume data; the scan is recomputed every trading day. Equities only — ETFs and debt securities are excluded.