The 10 Most Heavily Shorted ASX Stocks Alongside This Week’s Biggest Gainers and Losers – Week 30

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Short Seller Series: ASX Overview of Heavily Shorted Stocks (Week of July 14)

Welcome to this week’s edition of the Short Seller Series, where we provide insights into the most heavily shorted stocks on the Australian Securities Exchange (ASX). We highlight significant shifts in short interest over the past week.

It’s important to note that short selling data is reported with a delay of four days, making the latest data available for the week ending July 14. The following analysis covers:

  • Week-on-week changes from July 7 to July 14
  • Month-on-month comparisons from June 16 to July 14
  • Stocks with notable increases or decreases in short interests of 0.5% or more

Most Shorted Stocks on ASX

Ticker Company Short % Week-on-Week Month-on-Month
PDN Paladin Energy 16.89% 0.86% 1.49%
BOE Boss Energy 14.32% -0.75% -5.18%
MIN Mineral Resources 13.92% 0.08% -0.67%
PLS Pilbara Minerals 13.82% 0.59% 1.00%
LTR Liontown Resources 12.14% -0.45% -0.49%
IEL Idp Education 12.07% 0.59% 0.60%
LIC Lifestyle Communities 11.57% 1.53% 1.61%
SLX SILEX Systems 11.30% 0.09% 1.44%
PNV Polynovo 11.07% 0.40% 0.44%
CTD Corporate Travel Management 9.91% 0.38% -0.01%

Key Insights

  • Paladin Energy maintains a principal level of short interest between 15% and 17% since November, while Boss Energy sees a significant decline, reaching its lowest level since December.
  • Analysts have noticed a change in the performance dynamics between these two uranium companies, attributing it to portfolio adjustments following Paladin’s recent index inclusion.

Rising Short Interests

Ticker Company Short % Week-on-Week Month-on-Month
AUC Ausgold 1.19% ~ ~
GGP Greatland Resources 0.86% ~ ~
CU6 Clarity Pharmaceuticals 8.46% 1.81% 1.26%
LIC Lifestyle Communities 11.57% 1.53% 1.61%
VUL Vulcan Energy Resources 5.71% 1.30% 1.36%
ORA Orora 4.00% 1.29% 0.75%
APX Appen 4.31% 1.18% -0.17%
MVF Monash IVF Group 3.73% 1.01% 2.15%
ALK Alkane Resources 3.06% 0.93% 1.71%
BGL Bellevue Gold 6.45% 0.89% 1.66%
PDN Paladin Energy 16.89% 0.86% 1.49%
RMS Ramelius Resources 7.15% 0.81% 0.30%
AMC Amcor Plc 1.59% 0.74% 0.31%
BPT Beach Energy 3.35% 0.72% 0.26%
NVX Novonix 5.97% 0.70% 0.59%
HMC HMC Capital 1.83% 0.66% 0.89%
VEA Viva Energy Group 5.95% 0.66% 0.63%
IEL Idp Education 12.07% 0.59% 0.60%
PLS Pilbara Minerals 13.82% 0.59% 1.00%
MFG Magellan Financial Group 4.60% 0.58% 1.42%
NAN Nanosonics 7.26% 0.54% 1.99%
MTS Metcash 2.09% 0.54% -0.49%
AX1 Accent Group 2.64% 0.53% 1.89%

Key Insights

  • Lifestyle Communities has seen a surge in short selling due to its hefty 40% drop following a court decision affecting its management fee structure.
  • Several energy and gold stocks are experiencing heightened short interest, signalling market caution around these sectors.

Most Covered Stocks

Ticker Company Short % Week-on-Week Month-on-Month
JHX James Hardie 4.63% -4.96% -2.03%
BMN Bannerman Energy 3.81% -1.60% -4.72%
JLG Johns Lyng Group 4.99% -1.19% -1.51%
SPR Spartan Resources 2.01% -1.07% -0.76%
AD8 Audinate Group 4.69% -0.97% -0.70%
LYC Lynas Rare Earths 6.26% -0.76% -2.12%
BOE Boss Energy 14.32% -0.75% -5.18%
MP1 Megaport 2.19% -0.74% -2.07%
CHN Chalice Mining 4.96% -0.73% -1.16%
PTM Platinum Asset Management 3.37% -0.71% -0.96%

Key Insights

  • James Hardie has faced declining short interest following a successful acquisition.
  • Upcoming financial decisions and corporate actions from firms like Johns Lyng Group and Spartan Resources are likely to further influence short selling dynamics.

These insights reflect the evolving landscape of the ASX, where investor sentiment is increasingly shaped by market volatility, corporate performance, and economic indicators. Stay tuned for further updates on short selling trends.

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