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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.