Name: Codan (CDA) Short Position History
Creator: Shorted
License: https://creativecommons.org/licenses/by/4.0/

CDA

Codan

Technology Hardware & Equipment

Codan Limited specializes in designing and manufacturing high-value electronics for diverse markets including government, business, and humanitarian sectors. The company is renowned for its radio communications, metal detectors, and mining technology, positioning itself as a leader in technology hardware and equipment.

Short position

short percentage1.34%

reported shorts2.4M

shares on issue182.322M

Codan (ASX:CDA) has 1.34% of its shares on issue reported as short positions as of 22 Sept 2026, or about 2,449,216 shares. Over the past 30 days that figure has risen 1.19 percentage points, and over 90 days it has risen 1.13 percentage points. Its highest recorded short interest was 2.77% in June 2022. CDA is classified in the Technology Hardware & Equipment industry. All figures come from official ASIC short position reports, published with a four trading-day (T+4) delay.

Operations exposure

South AustraliaSignificant operations exposure (estimate)
Basis: Adelaide manufacturing and engineering

Coarse bands are AI estimates based on public company information.

Weekly context: The 10 most shorted ASX stocks — Week 39, 2026.

Price & short interest

Toggle series, zoom, and compare · ASIC daily, T+4

CDA intelligence dossier

Public-source evidence for this company, with industry drill-up links.

Tax paid and taxable income records
Government contracts and public money
Emissions and trade exposure
Political donations and lobbying links

Short interest history & FAQ

CDA Short Interest History

30-day change: +1.19pp
90-day change: +1.13pp
1-year change: +1.23pp
All-time high: 2.77% (June 2022)
All-time low: 0.00% (August 2011)

Is CDA heavily shorted?

Not especially: 1.34% short interest is modest by ASX standards, ranking #216 of 809 ASX securities with reported short positions. ASIC requires positions of 0.01% of issued capital or $100,000 (whichever is less) to be reported.

How has CDA's short interest changed recently?

Over the past 30 days Codan's short interest has risen 1.19 percentage points, and over 90 days it has risen 1.13 percentage points. The current level is 1.34% of shares on issue.

What is the highest CDA's short interest has been?

Since 2011, Codan's short interest peaked at 2.77% in June 2022 and bottomed at 0.00% in August 2011.

Where does this data come from?

All figures are sourced from daily ASIC short position reports, published with a four trading-day (T+4) delay. Shorted aggregates the full history since 2011. See our methodology.

CDA fundamentals

In the year to 30 Jun 2026, Codan (ASX:CDA) recorded revenue of A$875.0M and net profit after tax of A$175.2M. A year earlier it recorded revenue of A$674.2M and net profit after tax of A$103.5M. Year-on-year growth: revenue +29.8% (FY), EPS +68.8% (TTM). Net margin 20.0% (FY). Figures are in AUD, the company's reporting currency; source: Yahoo Finance, as at 29 Sep 2026.

Full statements, ratios and filings are on the Financials tab. Not financial advice.

Strategy fit

How each stock picker strategy reads CDA today

PassFailUnknown (data missing, or not meaningful for this company)

Zanger Breakout
WatchScore 40rank 62 of 1833
- 1. Explosive growth: pass. Revenue +29.8% YoY (FY ending 2026-06-30), accelerating from +22.5%; EPS +68.8% YoY (12 months to 2026-06-30), accelerating from +26.8%
- 2. A recognisable base: fail. No tight base: only 3 sessions since the pivot high was first set, under 20; 27.5% deep, deeper than 25%
- 3. Breakout on heavy volume: fail. No close above the A$53.62 pivot on 1.5x volume in the last 5 sessions; close is -3.0% from the pivot
- 4. Read the market first: fail. XJO in a downtrend: below its 200-day average
- 5. Relative strength: pass. Beat the S&P/ASX 200 by 20.5 points over 3 months
- 6. Liquid enough to trade: pass. A$44.5m average daily turnover over 20 sessions
CAN SLIM
WatchScore 68rank 3 of 1234
- 1. Earnings growth (C and A): pass. EPS +68.8% YoY (12 months to 2026-06-30), accelerating from +26.8%
- 2. Sales growth: pass. Revenue +29.8% YoY (FY ending 2026-06-30), accelerating from +22.5%
- 3. New highs (N): pass. 3.0% below the 52-week high
- 4. Leader, not laggard (L): pass. 6-month relative strength +58.7 points, in the top quartile (cut-off +7.8)
- 5. Market direction (M): fail. XJO in a downtrend: below its 200-day average
- 6. Supply and demand (S): pass. A$44.5m average daily turnover over 20 sessions
Minervini Trend Template
TriggeredScore 85rank 21 of 1768
- 1. Above rising averages: pass. Close A$51.99, 150-day A$41.12, 200-day A$39.34: stacked in order
- 2. 200-day trending up: pass. 200-day average A$39.34 vs A$37.46 a month ago (+5.0%)
- 3. Well off the low: pass. Close A$51.99 is 106.5% above the 52-week low of A$25.18
- 4. Near the high: pass. 3.0% below the 52-week high
- 5. Relative strength: pass. 6-month relative strength +58.7 points, in the top quartile (cut-off +7.8)
- 6. Above the 50-day: pass. Close A$51.99 vs 50-day average A$45.32 (+14.7%)
- 7. Liquid enough to trade: pass. A$44.5m average daily turnover over 20 sessions
Crowded-Short Breakout
WatchScore 23rank 237 of 1611
- 1. Crowded short: fail. 1.34% of shares on issue reported short, under 5%
- 2. Days to cover: fail. 3.0 days of average volume to cover, under 5
- 3. Breakout on heavy volume: fail. No close above the A$53.62 pivot on 1.5x volume in the last 5 sessions; close is -3.0% from the pivot
- 4. Market direction: fail. XJO in a downtrend: below its 200-day average
- 5. Liquid enough to trade: pass. A$44.5m average daily turnover over 20 sessions
- 6. Relative strength: pass. Beat the S&P/ASX 200 by 20.5 points over 3 months
Quality compounders
WatchScore 58rank 1 of 1171
- 1. High return on equity: unknown. Return on equity cannot be measured: it needs net profit, equity at both ends of the year and, outside banks, insurers and other financials, equity of at least 10% of total assets
- 2. Healthy profit margin: pass. Net margin 20.0% (FY ending 2026-06-30)
- 3. Profit that turns into cash: pass. Free cash flow is 1.06x net profit (FY ending 2026-06-30)
- 4. Little debt: unknown. Net debt cannot be measured: no aligned balance sheet with debt and cash
- 5. Liquid enough to trade: pass. A$44.5m average daily turnover over 20 sessions
- 6. Long-term uptrend: pass. Close A$51.99 vs 200-day average A$39.34 (+32.2%)
- 7. Revenue not shrinking: pass. Revenue +29.8% YoY (FY ending 2026-06-30), accelerating from +22.5%