Table of Contents
Short Seller Series: ASX Heavily Shorted Stocks
Welcome back to the latest edition of the Short Seller Series, where we highlight the most heavily shorted stocks on the Australian Securities Exchange (ASX) and track significant changes in short interest over the past week. Please note that short selling data is available with a four-day lag due to reporting protocols.
Overview of Short Selling Data
Our analysis includes:
- Week-on-week changes tracked from 19 to 26 May 2025.
- Month-on-month changes monitored from 29 April to 19 May 2025.
- Listings of most shorted and rising short stocks with changes of 0.5% or more.
Most Heavily Shorted Stocks
Ticker | Company | Short % | Week-on-Week | Month-on-Month |
---|---|---|---|---|
BOE | Boss Energy | 21.20% | -0.50% | -4.43% |
PDN | Paladin Energy | 15.30% | -0.33% | -1.10% |
MIN | Mineral Resources | 13.90% | -0.43% | 0.45% |
LTR | Liontown Resources | 12.72% | -0.04% | 0.80% |
PLS | Pilbara Minerals | 12.14% | -0.15% | 0.21% |
IEL | IDP Education | 11.96% | -0.69% | 0.28% |
DYL | Deep Yellow | 11.03% | -0.60% | -1.47% |
PNV | Polynovo | 10.61% | -0.37% | 0.45% |
KAR | Karoon Energy | 10.12% | 0.00% | 0.65% |
LIC | Lifestyle Communities | 9.99% | 0.11% | -0.31% |
Key Insights
- Stability at the Top: No significant changes have been observed among the top shorted stocks this week.
- Uranium Stocks Declining: There has been a notable decrease in short interest for uranium-focused companies, fuelled by a rebound in uranium prices to a three-month high of US$72/lb. Recent regulatory changes in the US to facilitate the construction of nuclear reactors have further heightened positive sentiment regarding uranium demand.
Rising Short Interest Stocks
Ticker | Company | Short % | Week-on-Week | Month-on-Month |
---|---|---|---|---|
ALK | Alkane Resources | 1.29% | ~ | 1.09% |
NUF | Nufarm | 3.03% | 2.06% | 1.52% |
CRN | Coronado Global | 3.26% | 1.15% | 1.22% |
APX | Appen | 3.66% | 1.05% | 1.94% |
TWE | Treasury Wine Estates | 8.57% | 1.01% | 1.47% |
KGN | Kogan.com | 1.73% | 0.86% | 0.67% |
LNW | Light & Wonder Inc | 1.53% | 0.83% | 0.89% |
ORA | Orora | 3.02% | 0.73% | 0.96% |
NVX | Novonix | 5.55% | 0.51% | 0.01% |
Key Insights
- Alkane Resources Sees Increase: The gold miner based in NSW reports rising short interest, climbing from zero to 1.29% since early May—its highest level since October 2024.
- Nufarm Faces Challenges: Following a significant drop in its stock value due to disappointing half-year results, Nufarm is under pressure, with concerns about its balance sheet following a $28 million writedown. The company’s leverage has also increased, adding to industry scepticism about its future prospects.
Additional Insights on Declining Stocks
Ticker | Company | Short % | Week-on-Week | Month-on-Month |
---|---|---|---|---|
MP1 | Megaport | 4.46% | -1.64% | -3.30% |
LOT | Lotus Resources | 7.75% | -0.86% | -2.62% |
CTT | Cettire | 9.84% | -0.82% | -0.05% |
IEL | IDP Education | 11.96% | -0.69% | 0.28% |
MMS | McMillan Shakespeare | 1.68% | -0.66% | -1.32% |
DYL | Deep Yellow | 11.03% | -0.60% | -1.47% |
ADT | Adriatic Metals Plc | 5.77% | -0.55% | -0.20% |
BOE | Boss Energy | 21.20% | -0.50% | -4.43% |
Conclusion
Megaport shares have experienced a positive turnaround amid a broader recovery in the US software-as-a-service (SaaS) sector, whereas uranium stocks have seen a modest decline in short interest. These trends underscore the volatile nature of the market and highlight the importance of ongoing monitoring for investors navigating these turbulent waters.