Shorts Covering Into Strength
Price up 5%+ over a month while shorts close out — the setup that powers squeezes.
About this scan
The most dangerous moment for a short position is when the price rises and other shorts start buying to exit — their covering adds fuel to the very rally hurting them. This scan isolates that setup: ASX stocks up at least 5% over the past month whose short interest has simultaneously fallen. It is effectively a squeeze-in-progress detector, complementary to the squeeze radar (which flags the preconditions before the move). Stocks appear here when the unwind has already started; the question the table answers is how much short interest remains to be covered.
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.