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

MGL

Magontec

Materials

Magontec Limited manufactures magnesium alloys and provides cathodic corrosion protection solutions. The company buys pure magnesium and magnesium alloy scrap to produce Mg alloy ingots. It supplies magnesium and titanium anodes to the global water heater industry.

Short position

short percentage0.00%

reported shorts542

shares on issue57.935M

Magontec (ASX:MGL) has 0.00% of its shares on issue reported as short positions as of 24 Sept 2026, or about 542 shares. Over the past 30 days that figure has been broadly flat, and over 90 days it has been broadly flat. Its highest recorded short interest was 0.06% in December 2015. MGL is classified in the Materials industry. All figures come from official ASIC short position reports, published with a four trading-day (T+4) delay.

Price & short interest

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

Short interest

History & FAQ →

Weekly context: The 10 most shorted ASX stocks — Week 41, 2026.

Strategy fit

How each stock picker strategy reads MGL today

Zanger BreakoutWatchScore 21rank 1194 of 1946
CAN SLIMWatchScore 15rank 923 of 1539
Minervini Trend TemplateWatchScore 30rank 566 of 1764
Crowded-Short BreakoutWatchScore 12rank 819 of 1535
Quality compoundersWatchScore 18rank 848 of 1687

Prices to 9 Oct 2026 · Mechanical readings of published rules, not recommendations · Not financial adviceFull strategy readings →

MGL fundamentals

In the year to 31 Dec 2025, Magontec (ASX:MGL) recorded revenue of A$64.1M and a net loss after tax of A$5.4M. A year earlier it recorded revenue of A$57.1M and a net loss after tax of A$9.5M. Year-on-year growth: revenue +12.3% (FY). Net margin −8.4%, return on equity −11.2% (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.

Full financials →