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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

Magontec (MGL) News

Latest articles and price-sensitive announcements with AI sentiment classification.

Kalkine
Neutral
8 Apr

Magontec Share Expansion: Routine Move or Liquidity Boost Ahead?

Highlights New shares issued through conversions expand tradable stock base Liquidity enhancement may support smoother market participation Capital structure update reflects ongoing equity management   Magontec applies to quote new shares, reflecting routine capital management and potential liquidity improvement within Australia’s industrial and materials sector. Activity across the Australian stock market continues to highlight how companies manage capital behind the scenes. Magon...