Short Selling

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ASX Short Sale Positions

Daily update on all companies

Background

The goal of this page is to better inform ASX investors of short selling in the market.

Although short position data does not provide tradable signals, a large increase or decrease in a company’s short positions can be an early indicator of changing investor sentiment. It can also be used to uncover what the “professional money” is doing.

To see how short selling allows investors to profit from a falling market, read the "What is Short Selling?" tutorial under the table.



Short Sale Data

Short sale data shows the amount of shares on issue currently reported as short sold.

The data is four trading days behind today's date as reporting isn’t mandatory until 9am (Sydney) three business days (T+3) post trade.

Since June 2010 the Australian Securities and Investments Commission (ASIC) has required all stockbrokers to report their total short sale positions daily. This information is released four business days (T+4) after the trade on ASIC’s website.

The Australian Securities Exchange (ASX) publishes a list of short sale transactions reported on the most recent trading day.

Open ASX Short Positions

Data: 17 Feb 2017

Code Company Short Week Mvt Days to Cover
1 MYR Myer Holdings Limited 17.61% +0.28% 43.5
2 ACX Aconex Limited 16.14% +0.19% 23.8
3 WSA Western Areas Limited 13.58% -0.03% 10.4
4 TFC TFS Corporation Limited 12.27% +0.50% 57.7
5 VOC Vocus Group Limited 11.25% -0.17% 11.1
6 NEC Nine Entertainment Co. Holdings Limited 10.96% -0.03% 28.8
7 ORE Orocobre Limited 10.67% +2.38% 14.4
8 WOR Worleyparsons Limited 10.47% +0.42% 5.2
9 SYR Syrah Resources Limited 10.25% -0.23% 25.6
10 MTS Metcash Limited 10.07% +0.15% 39.9
11 MYX Mayne Pharma Group Limited 9.75% -0.47% 22.5
12 BGA Bega Cheese Limited 9.36% +2.79% 46.7
13 MND Monadelphous Group Limited 8.57% +0.28% 7.3
14 OFX OFX Group Limited 8.44% +0.06% 27.3
15 BAL Bellamy's Australia Limited 8.19% +0.19% 10.9
16 NWS News Corporation. B Voting 8.16% -0.20% 27.1
17 FLT Flight Centre Travel Group Limited 7.99% -0.32% 12.8
18 HSO Healthscope Limited 7.98% -0.22% 10.0
19 DMP Domino's Pizza Enterprises Limited 7.9% +2.26% 13.0
20 ISD Isentia Group Limited 7.84% -0.59% 1.9
21 DOW Downer Edi Limited 7.81% +0.01% 20.3
22 RWC Reliance Worldwide Corporation Limited 7.62% +0.11% 9.9
23 BEN Bendigo And Adelaide Bank Limited 7.4% +0.24% 18.1
24 GTY Gateway Lifestyle Group Stapled 7.32% +0.18% 14.0
25 NXT Nextdc Limited 7.23% -0.17% 14.6
26 EHE Estia Health Limited 7.21% -0.27% 8.3
27 MTR Mantra Group Limited 7.07% +0.34% 5.4
28 IGO Independence Group NL 6.9% +0.86% 8.7
29 SGH Slater & Gordon Limited 6.67% 0.00% 5.1
30 SRX Sirtex Medical Limited 6.67% -0.05% 6.8
31 PRU Perseus Mining Limited 6.6% +0.03% 13.9
32 RIO RIO Tinto Limited 6.5% +0.30% 8.1
33 IVC Invocare Limited 6.48% -0.09% 30.3
34 MYO Myob Group Limited 6.39% -0.02% 47.1
35 IPH IPH Limited 6.3% +0.59% 6.2
36 TGR Tassal Group Limited 6.24% -0.12% 5.8
37 SEK Seek Limited 6.22% +0.02% 12.4
38 PDN Paladin Energy LTD 6.08% -0.10% 10.6
39 AWC Alumina Limited 6.07% -0.05% 19.9
40 IPD Impedimed Limited 6.02% +0.39% 48.0
41 GXL Greencross Limited 5.92% -0.28% 6.9
42 AAD Ardent Leisure Group Stapled 5.83% -1.03% 2.9
43 ILU Iluka Resources Limited 5.83% -0.13% 8.9
44 A2M The A2 Milk Company Limited NZ 5.76% +0.17% 6.5
45 IFL Ioof Holdings Limited 5.68% -0.08% 16.4
46 CSV CSG Limited 5.67% -0.42% 3.8
47 MSB Mesoblast Limited 5.65% -0.13% 61.1
48 OSH Oil Search Limited 10T 5.48% -0.13% 16.7
49 CSR CSR Limited 5.33% -0.07% 17.5
50 CTD Corporate Travel Management Limited 5.3% +0.13% 24.6
51 KAR Karoon Gas Australia Limited 5.28% -0.08% 18.4
52 GEM G8 Education Limited 5.27% -0.38% 4.0
53 WOW Woolworths Limited 5.24% -0.04% 13.8
54 GMA Genworth Mortgage Insurance Australia Limited 5.09% +0.08% 15.0
55 AAC Australian Agricultural Company Limited 5.04% -0.45% 24.5
56 SUL Super Retail Group Limited 4.98% +0.19% 13.9
57 BKL Blackmores Limited 4.93% 0.00% 7.5
58 CAB Cabcharge Australia Limited 4.89% -0.05% 113.9
59 CQR Charter Hall Retail Reit Unit 4.83% -0.04% 23.4
60 AHG Automotive Holdings Group Limited 4.82% -0.09% 19.5
61 SAR Saracen Mineral Holdings Limited 4.78% +0.18% 4.7
62 JHC Japara Healthcare Limited 4.75% -0.73% 10.3
63 AWE AWE Limited 4.59% -0.11% 18.4
64 CLH Collection House Limited 4.46% +0.72% 14.3
65 PPT Perpetual Limited 4.38% +0.26% 10.6
66 SHV Select Harvests Limited 4.38% +0.39% 12.2
67 TPM TPG Telecom Limited 4.37% -0.07% 13.8
68 SPO Spotless Group Holdings Limited 4.36% -0.27% 10.3
69 RFG Retail Food Group Limited 4.22% -0.10% 7.4
70 REA REA Group LTD 4.19% +0.28% 19.5
71 GOR Gold Road Resources Limited 4.04% +0.02% 24.2
72 VRT Virtus Health Limited 4.04% +0.03% 7.5
73 QUB Qube Holdings Limited 4% +0.05% 29.0
74 LNG Liquefied Natural Gas Limited 3.88% +0.14% 12.7
75 HVN Harvey Norman Holdings Limited 3.87% +0.09% 12.9
76 ARI Arrium Limited 3.78% 0.00% 0.0
77 JBH JB Hi-fi Limited 3.77% -0.50% 3.2
78 DCN Dacian Gold Limited 3.74% +0.14% 25.0
79 REG Regis Healthcare Limited 3.69% 0.00% 27.6
80 IMF IMF Bentham Limited 3.63% -0.08% 9.5
81 SGM Sims Metal Management Limited 3.62% -0.11% 3.8
82 BAP Bapcor Limited 3.61% -0.03% 3.9
83 AHY Asaleo Care Limited 3.54% +0.18% 8.8
84 SKC Skycity Entertainment Group Limited NZX 3.51% +0.06% 26.7
85 INM Iron Mountain Incorporated Cdi 1:1 3.45% +0.70% 5.5
86 TAH Tabcorp Holdings Limited 3.35% +0.24% 8.3
87 CCP Credit Corp Group Limited 3.32% -0.28% 12.8
88 MRM Mma Offshore Limited 3.31% -0.02% 53.1
89 ORI Orica Limited 3.28% -0.32% 12.5
90 RCG RCG Corporation Limited 3.25% +0.03% 33.7
91 NST Northern Star Resources LTD 3.24% +0.01% 6.3
92 SWM Seven West Media Limited 3.21% +0.03% 22.1
93 PRY Primary Health Care Limited 3.18% -0.10% 4.7
94 ANN Ansell Limited 3.18% +0.01% 6.9
95 BWX BWX Limited 3.15% -0.52% 15.0
96 TEN TEN Network Holdings Limited 3.13% +0.30% 13.6
97 AGI Ainsworth Game Technology Limited 3.11% -0.11% 9.6
98 MLX Metals X Limited 3.07% -0.93% 4.4
99 HGG Henderson Group PLC Cdi 1:1 3.04% +0.96% 2.7
100 ING Inghams Group Limited 2.98% +0.02% 15.9
101 FMG Fortescue Metals Group LTD 2.98% +0.10% 4.6
102 IPL Incitec Pivot Limited 2.92% +0.18% 11.7
103 PGH Pact Group Holdings LTD 2.9% +0.15% 8.9
104 BDR Beadell Resources Limited 2.77% -0.01% 6.9
105 GXY Galaxy Resources Limited 2.77% -0.16% 5.0
106 TOX TOX Free Solutions Limited 2.76% +0.07% 7.0
107 OZL Oz Minerals Limited 2.76% -0.15% 5.1
108 VRL Village Roadshow Limited 2.73% -0.08% 4.6
109 NTC Netcomm Wireless Limited 2.72% -0.02% 12.4
110 SLR Silver Lake Resources Limited 2.71% -0.61% 8.4
111 RMS Ramelius Resources Limited 2.67% -0.48% 7.7
112 PTM Platinum Asset Management Limited 2.6% -0.11% 15.9
113 FXL Flexigroup Limited 2.52% -0.10% 6.1
114 NSR National Storage Reit Stapled 2.48% -0.93% 7.4
115 CAR Carsales.com Limited 2.46% +0.22% 9.0
116 WGX Westgold Resources Limited 2.37% +0.03% 6.5
117 ERA Energy Resources of Australia Limited 'a' 2.33% -0.10% 13.3
118 FAR FAR Limited 2.32% -0.01% 9.8
119 BLA Blue SKY Alternative Investments Limited 2.29% +0.11% 15.5
120 ELD Elders Limited 2.28% -0.01% 11.6
121 SKI Spark Infrastructure Group Forus 2.26% -0.11% 6.5
122 WPL Woodside Petroleum Limited 2.22% +0.11% 7.3
123 CBA Commonwealth Bank of Australia 2.2% +0.05% 9.2
124 ASX ASX Limited 2.2% -0.04% 9.8
125 BOQ Bank of Queensland Limited 2.18% -0.15% 5.6
126 WHC Whitehaven Coal Limited 2.17% -0.50% 3.2
127 DLX Duluxgroup Limited 2.14% +0.15% 5.9
128 GWA GWA Group Limited 2.14% +0.11% 4.1
129 STO Santos Limited 2.11% +0.06% 7.0
130 SXY Senex Energy Limited 2.05% +0.03% 6.9
131 APN APN News & Media Limited 2.02% -0.07% 5.9
132 DNA Donaco International Limited 2.01% -0.04% 30.8
133 NVT Navitas Limited 2% +0.13% 7.4
134 RSG Resolute Mining Limited 1.96% -0.23% 2.1
135 SVW Seven Group Holdings Limited 1.96% -0.05% 6.9
136 PRG Programmed Maintenance Services Limited 1.96% -0.07% 11.0
137 SGR The Star Entertainment Group Limited 1.95% +0.25% 2.6
138 FXJ Fairfax Media Limited 1.95% +0.08% 5.0
139 AYS Amaysim Australia Limited 1.92% -0.08% 10.1
140 CCL Coca-cola Amatil Limited 1.89% +0.08% 4.4
141 SCP Shopping Centres Australasia Property Group Stapled 1.88% +0.03% 7.2
142 CGF Challenger Limited 1.88% -0.05% 8.5
143 APO Apn Outdoor Group Limited 1.87% -0.59% 2.6
144 AST Ausnet Services Limited 1.86% +0.03% 14.3
145 APA APA Group Stapled 1.86% -0.08% 10.8
146 COH Cochlear Limited 1.83% +0.08% 5.0
147 CYB CYBG PLC Cdi 1:1 1.82% +0.03% 5.4
148 ARB ARB Corporation Limited 1.8% -1.08% 5.0
149 BHP BHP Billiton Limited 1.78% +0.09% 8.0
150 TCL Transurban Group Stapled 1.78% 0.00% 8.9
151 RHC Ramsay Health Care Limited 1.76% +0.13% 3.9
152 KCN Kingsgate Consolidated Limited 1.76% +0.02% 9.5
153 TRS The Reject Shop Limited 1.75% -0.16% 2.2
154 SHL Sonic Healthcare Limited 1.74% +0.05% 6.5
155 MFG Magellan Financial Group Limited 1.7% -0.01% 6.0
156 SDA Speedcast International Limited 1.69% -0.03% 8.8
157 MQA Macquarie Atlas Roads Group Stapled 1.69% -0.49% 8.5
158 BLD Boral Limited 1.67% -0.14% 3.7
159 HFR Highfield Resources Limited 1.63% 0.00% 10.8
160 BRU Buru Energy Limited 1.61% 0.00% 37.6
161 IRE Iress Limited 1.59% +0.02% 4.2
162 GUD G.u.d. Holdings Limited 1.57% -0.54% 4.3
163 CGC Costa Group Holdings Limited 1.52% +0.22% 4.9
164 RRL Regis Resources Limited 1.49% +0.09% 3.0
165 SPL Starpharma Holdings Limited 1.47% 0.00% 33.0
166 TGA Thorn Group Limited 1.47% 0.00% 5.4
167 AMP AMP Limited 1.46% -0.01% 4.5
168 FWD Fleetwood Corporation Limited 1.44% 0.00% 8.0
169 DRM Doray Minerals Limited 1.38% +0.05% 2.9
170 LYC Lynas Corporation Limited 1.38% -0.67% 1.5
171 PLS Pilbara Minerals Limited 1.36% +0.03% 4.0
172 MGR Mirvac Group Stapled 1.35% +0.26% 5.1
173 CMW Cromwell Property Group Stapled 1.35% -0.06% 8.7
174 CCV Cash Converters International 1.34% +0.01% 23.4
175 MGC MG Unit Trust Units 1.3% -0.01% 3.9
176 AZJ Aurizon Holdings Limited 1.29% +0.22% 6.3
177 ERF Elanor Retail Property Fund Stapled 1.27% 0.00% 266.8
178 DXS Dexus Property Group Stapled 1.27% -0.02% 4.8
179 WBC Westpac Banking Corporation 1.26% +0.12% 7.0
180 NUF Nufarm Limited 1.26% +0.24% 6.5
181 IFN Infigen Energy Stapled 1.26% +0.04% 6.0
182 SBM ST Barbara Limited 1.24% -0.35% 1.7
183 CWN Crown Resorts Limited 1.23% -0.17% 3.6
184 BWP BWP Trust Ord Units 1.22% +0.13% 6.7
185 SMX SMS Management & Technology Limited 1.19% +0.01% 3.2
186 EPW Erm Power Limited 1.17% +0.01% 4.6
187 TTS Tatts Group Limited 1.17% +0.22% 5.8
188 WES Wesfarmers Limited 1.16% +0.02% 4.3
189 VVR Viva Energy Reit Stapled 1.12% 0.00% 7.2
190 SFR Sandfire Resources NL 1.12% -0.03% 2.0
191 EWC Energy World Corporation LTD 1.07% -0.12% 30.2
192 SYD Sydney Airport Forus 1.04% -0.08% 4.2
193 VLW Villa World Limited 1.04% 0.00% 3.4
194 SIV Silver Chef Limited 1.03% 0.00% 1.5
195 SXL Southern Cross Media Group Limited 1.03% -0.02% 2.8
196 SLX Silex Systems Limited 1.02% -0.22% 11.4
197 IAG Insurance Australia Group Limited 1.02% -0.07% 3.3
198 VTG Vita Group Limited 1.01% +0.07% 2.2
199 BPT Beach Energy Limited 1.01% -0.19% 1.8
200 MGX Mount Gibson Iron Limited 0.98% -0.05% 1.6
201 RBL Redbubble Limited 0.97% 0.00% 8.1
202 BKW Brickworks Limited 0.97% -0.03% 8.9
203 CTX Caltex Australia Limited 0.94% +0.16% 2.3
204 MMS Mcmillan Shakespeare Limited 0.93% -0.05% 2.0
205 INA Ingenia Communities Group Stapled 0.92% -0.01% 4.3
206 AMA AMA Group Limited 0.92% -0.01% 25.9
207 EVN Evolution Mining Limited 0.92% -0.19% 2.0
208 ALU Altium Limited 0.92% +0.08% 0.7
209 GOZ Growthpoint Properties Australia Stapled 0.91% -0.02% 19.6
210 SEH Sino Gas & Energy Holdings Limited 0.91% +0.02% 9.4
211 BBG Billabong International Limited 0.89% -0.01% 28.6
212 CVO Cover-more Group Limited 0.89% -0.26% 1.2
213 ABC Adelaide Brighton Limited 0.88% +0.01% 2.2
214 IOF Investa Office Fund Stapled 0.88% +0.07% 3.4
215 GBT GBST Holdings Limited 0.88% +0.04% 1.9
216 NHF Nib Holdings Limited 0.87% +0.01% 3.0
217 1PG 1-PAGE Limited 0.87% +0.01% 2.1
218 GTG Genetic Technologies Limited 0.86% 0.00% 18.4
219 LLC Lendlease Group Stapled 0.8% -0.03% 3.2
220 SEA Sundance Energy Australia Limited 0.78% +0.05% 1.8
221 ORG Origin Energy Limited 0.77% +0.07% 1.9
222 JHX James Hardie Industries PLC Cdi 1:1 0.77% +0.07% 1.6
223 SUN Suncorp Group Limited 0.75% +0.11% 2.5
224 RCR RCR Tomlinson Limited 0.74% -0.03% 4.9
225 GMG Goodman Group Stapled 0.74% 0.00% 2.5
226 SLK Sealink Travel Group Limited 0.74% +0.05% 4.4
227 TLS Telstra Corporation Limited 0.74% +0.08% 2.3
228 CDV Cardinal Resources Limited 0.74% -0.16% 2.6
229 BRG Breville Group Limited 0.73% -0.02% 5.6
230 GPT GPT Group Stapled 0.73% +0.02% 2.8
231 SKT SKY Network Television Limited NZ 0.73% -0.01% 8.9
232 CPU Computershare Limited 0.72% -0.42% 2.0
233 LNK Link Administration Holdings Limited 0.72% -0.07% 1.7
234 BTT BT Investment Management Limited 0.7% +0.02% 3.8
235 ASB Austal Limited 0.7% -0.20% 7.2
236 WPP WPP Aunz LTD 0.68% -0.02% 30.8
237 AFY Afterpay Holdings Limited 0.67% +0.12% 0.5
238 NCM Newcrest Mining Limited 0.66% -0.03% 1.9
239 PMV Premier Investments Limited 0.65% +0.08% 4.0
240 DUE Duet Group Forus 0.65% +0.36% 1.3
241 ANZ Australia And New Zealand Banking Group Limited 0.65% +0.03% 2.7
242 AMC Amcor Limited 0.64% +0.05% 2.1
243 CDD Cardno Limited 0.64% 0.00% 25.8
244 MIN Mineral Resources Limited 0.62% -0.68% 0.7
245 ACR Acrux Limited 0.6% +0.07% 2.0
246 API Australian Pharmaceutical Industries Limited 0.6% +0.18% 2.2
247 TRY Troy Resources Limited 0.59% -0.06% 2.0
248 WFD Westfield Corporation Stapled 0.58% -0.96% 2.7
249 FIG Freedom Insurance Group LTD 0.57% 0.00% 2.3
250 SCG Scentre Group Stapled 0.57% -0.76% 3.8
251 DCG Decmil Group Limited 0.55% -0.03% 4.4
252 TWE Treasury Wine Estates Limited 0.55% -0.22% 1.5
253 VCX Vicinity Centres Stapled 0.55% -0.01% 2.0
254 RMD Resmed Inc Cdi 10:1 0.54% +0.13% 2.7
255 TME Trade Me Group Limited NZX 0.53% -0.03% 4.3
256 IEL Idp Education Limited 0.52% +0.02% 7.5
257 MQG Macquarie Group Limited 0.52% +0.13% 2.5
258 EML EML Payments Limited 0.51% +0.04% 0.9
259 ATL Apollo Tourism & Leisure LTD 0.5% 0.00% 3.3
260 NAN Nanosonics Limited 0.5% -0.31% 1.1
261 ZEL Z Energy Limited NZX 0.47% 0.00% 30.8
262 NAB National Australia Bank Limited 0.47% +0.01% 2.7
263 OML Ooh!media Limited 0.46% -0.13% 2.0
264 EQT EQT Holdings Limited 0.46% 0.00% 27.7
265 QAN Qantas Airways Limited 0.45% +0.03% 0.9
266 BXB Brambles Limited 0.44% -0.04% 0.6
267 PRR Prima Biomed LTD 0.43% 0.00% 18.3
268 3PL 3P Learning Limited. 0.43% -0.02% 0.4
269 AQG Alacer Gold Corp Cdi 1:1 0.42% -0.04% 1.7
270 WEC White Energy Company Limited 0.41% 0.00% 218.1
271 VAH Virgin Australia Holdings Limited 0.4% -0.01% 42.6
272 WEB Webjet Limited 0.39% -0.09% 0.8
273 CAT Catapult Group International LTD 0.36% 0.00% 2.2
274 MPL Medibank Private Limited 0.36% +0.16% 0.7
275 SGP Stockland Stapled 0.35% +0.06% 1.2
276 APX Appen Limited 0.34% 0.00% 4.3
277 CSL CSL Limited 0.34% +0.07% 1.6
278 CHC Charter Hall Group Forus 0.33% -0.01% 0.7
279 NRT Novogen Limited 0.33% 0.00% 2.6
280 GTN GTN Limited 0.32% 0.00% 60.5
281 ALQ Als Limited 0.32% +0.06% 1.5
282 YOW Yowie Group LTD 0.31% +0.02% 0.9
283 ABP Abacus Property Group Stapled 0.3% +0.03% 1.7
284 CAJ Capitol Health Limited 0.3% -0.01% 0.7
285 SPK Spark New Zealand Limited NZX 0.3% -0.01% 3.9
286 TNE Technology One Limited 0.3% +0.02% 1.2
287 AGL AGL Energy Limited 0.29% -0.15% 0.8
288 ADH Adairs Limited 0.29% +0.02% 0.3
289 HSN Hansen Technologies Limited 0.29% +0.04% 0.5
290 GNC Graincorp Limited 0.29% +0.01% 1.3
291 S32 SOUTH32 Limited 0.28% -0.01% 0.4
292 FBU Fletcher Building Limited NZX 0.28% 0.00% 1.1
293 WTC Wisetech Global Limited 0.27% 0.00% 5.3
294 ACO Australian Careers Network Limited 0.25% 0.00% 0.0
295 S2R S2 Resources LTD 0.25% 0.00% 2.3
296 CWY Cleanaway Waste Management Limited 0.25% -0.03% 1.1
297 IDR Industria Reit Stapled 0.25% -0.02% 2.9
298 ANG Austin Engineering Limited 0.25% +0.09% 0.5
299 SIP Sigma Pharmaceuticals Limited 0.24% +0.03% 1.1
300 AGR Aguia Resources Limited 0.24% 0.00% 0.7
301 SDF Steadfast Group Limited 0.24% -0.08% 1.0
302 BBN Baby Bunting Group Limited 0.23% 0.00% 0.2
303 SGF SG Fleet Group Limited 0.23% +0.02% 2.1
304 MML Medusa Mining Limited 0.23% -0.01% 0.6
305 AXP Airxpanders Inc Cdi Forus 0.22% +0.06% 1.2
306 OGC Oceanagold Corporation Cdi 1:1 0.22% -0.10% 2.2
307 ARF Arena Reit Stapled 0.21% +0.04% 1.3
308 RIC Ridley Corporation Limited 0.21% +0.02% 2.3
309 SIQ Smartgroup Corporation LTD 0.2% -0.07% 0.8
310 PMP PMP Limited 0.2% 0.00% 0.3
311 CIM Cimic Group Limited 0.19% +0.02% 1.6
312 RFL Rubik Financial Limited 0.19% 0.00% 0.5
313 NEA Nearmap LTD 0.19% -0.03% 0.4
314 CTDRB Corp Trav Rights - Applications Close 17-JAN-2017 0.18% 0.00% 0.0
315 FPH Fisher & Paykel Healthcare Corporation Limited NZX 0.18% +0.07% 4.2
316 FNP Freedom Foods Group Limited 0.17% 0.00% 4.5
317 CIP Centuria Industrial Reit Ord Unit 0.17% -0.37% 0.5
318 ADA Adacel Technologies Limited 0.17% 0.00% 0.7
319 AOG Aveo Group Stapled 0.16% 0.00% 0.4
320 EDE Eden Innovations LTD 0.16% 0.00% 0.7
321 BLK Blackham Resources Limited 0.16% +0.05% 0.8
322 WLD Wellard Limited 0.15% +0.01% 1.0
323 TCH Touchcorp Limited 0.15% -0.01% 0.6
324 HIL Hills Limited 0.15% -0.03% 0.4
325 RAP Resapp Health Limited 0.14% +0.02% 0.9
326 NWSLV News Corp Class a Non-voting Common Stock-cdi 0.14% 0.00% 0.0
327 HLO Helloworld Limited 0.14% 0.00% 15.6
328 MNS Magnis Resources Limited 0.14% 0.00% 1.1
329 WAF West African Resources Limited 0.13% 0.00% 0.4
330 RAN Range International Limited 0.13% -0.01% 0.8
331 CLQ Clean Teq Holdings Limited 0.13% +0.05% 0.4
332 WTP Watpac Limited 0.13% -0.01% 2.3
333 QBE QBE Insurance Group Limited 0.12% -0.02% 0.3
334 PEN Peninsula Energy Limited 0.12% -0.27% 1.0
335 AJX Alexium International Group Limited 0.12% +0.01% 0.9
336 BSL Bluescope Steel Limited 0.12% +0.01% 0.1
337 FET Folkestone Education Trust Unit 0.11% 0.00% 1.4
338 CLW Charter Hall Long Wale Reit Stapled 0.11% -0.04% 1.5
339 SCO Scottish Pacific Group Limited 0.11% -0.01% 0.6
340 ORL Orotongroup Limited 0.11% 0.00% 0.1
341 IMD Imdex Limited 0.1% +0.02% 1.5
342 GHC Generation Healthcare Reit Units 0.1% 0.00% 5.5
343 SOL Washington H Soul Pattinson & Company Limited 0.09% 0.00% 2.1
344 ECX Eclipx Group Limited 0.09% -0.16% 0.4
345 ASG Autosports Group Limited 0.09% -0.04% 1.9
346 KGN Kogan.com LTD 0.09% +0.09% 0.4
347 ALL Aristocrat Leisure Limited 0.09% -0.01% 0.3
348 NZM Nzme Limited NZX 0.08% -0.15% 1.1
349 MHJ Michael Hill International Limited 0.08% 0.00% 0.8
350 KMD Kathmandu Holdings Limited 0.08% -0.04% 1.9
351 CNU Chorus Limited NZX 0.07% -0.05% 0.7
352 MOC Mortgage Choice Limited 0.07% 0.00% 0.7
353 SLC Superloop Limited 0.07% +0.04% 0.3
354 KDR Kidman Resources Limited 0.06% 0.00% 0.1
355 SHJ Shine Corporate LTD 0.06% -0.01% 0.6
356 ELX Ellex Medical Lasers Limited 0.06% 0.00% 0.3
357 CKF Collins Foods Limited 0.06% +0.01% 0.3
358 COE Cooper Energy Limited 0.06% 0.00% 0.3
359 MVP Medical Developments International Limited 0.06% -0.01% 0.6
360 OVH Onevue Holdings Limited 0.06% 0.00% 0.8
361 MOY Millennium Minerals Limited 0.06% 0.00% 0.3
362 VGL Vista Group International Limited NZX 0.06% 0.00% 108.2
363 MP1 Megaport Limited 0.05% +0.04% 0.3
364 CWP Cedar Woods Properties Limited 0.05% 0.00% 1.1
365 CDU Cudeco Limited 0.05% +0.01% 0.3
366 HPI Hotel Property Investments Stapled 0.05% -0.01% 0.5
367 XIP Xenith IP Group Limited 0.05% 0.00% 0.2
368 TGS Tiger Resources Limited 0.05% 0.00% 3.5
369 EAR Echo Resources Limited 0.05% 0.00% 0.1
370 ISU Iselect Limited 0.05% +0.01% 0.1
371 AVN Aventus Retail Property Fund Unit 0.05% 0.00% 0.7
372 HZN Horizon Oil Limited 0.05% 0.00% 1.0
373 BKN Bradken Limited 0.05% -0.01% 0.1
374 MRG Murray River Organics Group Limited 0.04% +0.04% 0.3
375 SMR Stanmore Coal Limited 0.04% 0.00% 0.6
376 ORA Orora Limited 0.04% 0.00% 0.1
377 LEP Ale Property Group Stapled 0.04% 0.00% 1.8
378 GDI GDI Property Group Stapled 0.04% 0.00% 0.1
379 WBA Webster Limited 0.04% 0.00% 1.5
380 EGH Eureka Group Holdings Limited 0.04% 0.00% 0.6
381 CZZ Capilano Honey Limited 0.04% -0.01% 0.3
382 AGO Atlas Iron Limited 0.04% -0.01% 0.0
383 NHC New Hope Corporation Limited 0.04% 0.00% 1.6
384 EVT Event Hospitality And Entertainment LTD 0.03% -0.02% 0.3
385 FSF Fonterra Shareholders' Fund Unit NZX 0.03% +0.01% 0.7
386 BCI BC Iron Limited 0.03% -0.01% 0.0
387 UNS Unilife Corporation Cdi 60:1 0.03% 0.00% 0.4
388 PAN Panoramic Resources Limited 0.03% -0.07% 0.2
389 IFM Infomedia LTD 0.03% 0.00% 0.1
390 XPE Xped Limited 0.03% +0.01% 0.1
391 SVL Silver Mines Limited 0.03% +0.01% 0.1
392 MBE Mobile Embrace Limited 0.03% 0.00% 0.0
393 GGG Greenland Minerals And Energy Limited 0.03% -0.19% 0.1
394 IRI Integrated Research Limited 0.02% +0.02% 0.3
395 AUB AUB Group Limited 0.02% 0.00% 0.4
396 VHY Vanguard Australian Shares High Yield Etf Etf Units 0.02% 0.00% 0.1
397 AIA Auckland International Airport Limited NZX 0.02% 0.00% 1.7
398 SMN Structural Monitoring Systems PLC Cdi 1:1 0.01% 0.00% 0.0
399 NWH NRW Holdings Limited 0.01% 0.00% 0.0
400 RFF Rural Funds Group Stapled 0.01% -0.01% 0.1
401 APE Ap Eagers Limited 0.01% -0.01% 1.2
402 QMS QMS Media Limited 0.01% 0.00% 0.1
403 AKP Audio Pixels Holdings Limited 0.01% 0.00% 0.2
404 XRO Xero Limited NZX 0.01% 0.00% 0.4
405 MLB Melbourne IT Limited 0.01% 0.00% 0.0
406 HFA HFA Holdings Limited 0.01% 0.00% 0.1
407 NWF Newfield Resources Limited 0.01% 0.00% 1.3
408 ILC Ishares S&p/asx 20 Etf Ishlgecap 0.01% 0.00% 0.1
409 TAR Taruga Gold Limited 0.01% 0.00% 0.0
410 EMC Emefcy Group Limited 0% 0.00% 0.0
411 PPC Peet Limited 0% 0.00% 0.1
412 CTP Central Petroleum Limited 0% 0.00% 0.0
413 MLD Maca Limited 0% 0.00% 0.0
414 HUB HUB24 Limited 0% -0.02% 0.0
415 SVH Silver Heritage Group Limited 0% 0.00% 0.0
416 MPP Metro Performance Glass Limited NZX 0% 0.00% 0.1
417 LOM Lucapa Diamond Company Limited 0% 0.00% 0.0
418 BLDR Boral Rights-appsclose 09DEC2016 US Prohibited Deferred 0% 0.00% 0.0
419 PWH PWR Holdings Limited 0% 0.00% 0.1
420 BLX Beacon Lighting Group Limited 0% 0.00% 0.0
421 LOV Lovisa Holdings Limited 0% 0.00% 0.0
422 SRS Spicers Limited 0% 0.00% 0.0
423 CVN Carnarvon Petroleum Limited 0% 0.00% 0.0
424 SFY SPDR S&p/asx 50 Fund Etf Units 0% 0.00% 0.0
425 ALK Alkane Resources Limited 0% 0.00% 0.0
426 BSE Base Resources Limited 0% 0.00% 0.0
427 SSM Service Stream Limited 0% 0.00% 0.0
428 SRV Servcorp Limited 0% 0.00% 0.0
429 ASL Ausdrill Limited 0% 0.00% 0.0
430 HVST Betadivhar Exchange Traded Fund Units Fully Paid 0% 0.00% 0.0
431 MVF Monash Ivf Group Limited 0% 0.00% 0.0
432 RHP Rhipe Limited 0% 0.00% 0.0
433 ARG Argo Investments Limited 0% 0.00% 0.0
434 LIC Lifestyle Communities Limited 0% 0.00% 0.1
435 AJA Astro Japan Property Group Forus 0% -0.03% 0.0
436 MCY Mercury NZ Limited NZX 0% 0.00% 17.3
437 STW SPDR S&p/asx 200 Fund Etf Units 0% 0.00% 0.0
438 CL1 Class Limited 0% 0.00% 0.0
439 EHL Emeco Holdings Limited 0% 0.00% 0.0
440 TGH Tegel Group Holdings Limited NZX 0% 0.00% 0.0
441 PME Pro Medicus Limited 0% 0.00% 0.0
442 REH Reece Limited 0% 0.00% 0.2
443 WDC Westfield Group Stapled 0% 0.00% 0.0
444 TGP 360 Capital Group Stapled 0% 0.00% 0.0
445 FBR Fastbrick Robotics LTD 0% 0.00% 0.0
446 FDM Freedom Oil And Gas LTD 0% 0.00% 0.0
447 CDA Codan Limited 0% 0.00% 0.0
448 AFI Australian Foundation Investment Company Limited 0% 0.00% 0.0
449 YAL Yancoal Australia Limited 0% 0.00% 0.0
450 NCK Nick Scali Limited 0% 0.00% 0.0
451 KBL KBL Mining Limited 0% 0.00% 0.0
452 MDL Mineral Deposits Limited 0% 0.00% 0.0
453 IGL Ive Group Limited 0% 0.00% 0.0
454 SDL Sundance Resources Limited 0% 0.00% 0.0
455 CEN Contact Energy Limited NZX 0% 0.00% 0.0
456 APZ Aspen Group Stapled 0% 0.00% 0.0
457 IDX Integral Diagnostics Limited 0% 0.00% 0.0


What is Short Selling?

Short selling is one of the most difficult concepts for novice investors to grasp.

The goal is to profit from a falling market by “borrowing” shares in a company to sell at the current market price, and buy those shares back at a later date after the price has fallen. The difference between the initial sell price and the later buyback price is the profit.

The easiest way to grasp the concept is to compare it with traditional share investment.

Long (Buy)

Going “long” is the traditional way of investing in the stock market; you profit when the share price goes up.

  • You believe a companies share price will rise
  • You buy shares at $40
  • The share price rises to $54
  • You sell the shares for a profit of $14 per share
Chart of a Long Buy

Short (Sell)

Going “short” is the opposite; you profit when the share price goes down.

  • You believe a companies share price will fall
  • You sell 1,000 "borrowed" shares at $58
  • The share price falls to $42
  • You buy 1,000 shares (to close the trade) at $42
  • You made a profit of $16 per share
Chart of a Short Sale

How can you sell shares you don’t own?

The most common way is called “Covered Short Selling” and it involves “borrowing” the shares from someone else (organised by your stockbroker).

To open a trade: You borrow shares and sell them at the current market price.

To close the trade: You buyback the same number of shares and return them to the original shareholder.

Another way is to “Naked Short Sell” and it involves a stockbroker placing a sell order on your behalf, even though you haven't borrowed any shares (hence the term "naked"). To close the trade you must buy back the exact number of shares that you originally sold.

Remember that everything is done on a computer. You’re not actually buying and selling a tangible asset; all that’s required is that the numbers in the regulator’s computer “even out” at the end.

Why would someone allow their stock to be short sold? Lenders can charge a borrowing fee which is passed on to the short seller. This is also why short sale positions tend to be shorter in investment duration than long trades.

Green TickShort Selling Advantages


1. Profit in a falling market

You can make money when share prices are falling.

2. Hedge your portfolio to reduce drawdown

A portfolio can be hedged with “short” positions to reduce drawdowns in down trending markets. Should the stock market turn negative, any profit made in the “short” trades will help counteract the losses made in the long trades.

Red CrossDisadvantages


1. Difficulty to participate

Few Australian stockbrokers have the ability to short sell and those that do often have many obstacles. Additional paperwork, collateral requirements, pre-authorisation per trade, higher fees and a minimum trade size of $50,000 may be set.

2. Risk is unlimited

With traditional share investment your risk is limited to the amount you spent on the initial purchase (a share price can’t go below zero). With short selling a trade isn’t closed until you buyback the original number of shares sold, so your risk is unlimited (there is not upper limit to how high a share price can go).

For example, in 2008 Volkswagen was involved in a massive short-squeeze.

Short sellers panicked because the share price was rising and they were losing money. To close their trades they needed to buyback the original number of shares they sold.

A "snowball" effect ensued with all short sellers trying to close their trades at the same time, driving the share price even higher.

The Volkswagen share price rose from €200 to over €1,000 in just over a month.

Short Squeeze Chart

3. Limited number of approved ASX companies to sell

There is a limited number of ASX companies that are allowed to be sold short. Leveraged equities publish a list of approved companies along with the collateral requirements.

Why is Short Selling Allowed?

Short selling provides liquidity and brings price efficiency into the market.

In 2008, ASIC placed stricter controls on covered short selling and banned naked short selling outright in an attempt to bring order to the market turmoil. Although it could easily be argued that the ban reduced fear and reduced the number of people “sitting on the sidelines”, studies have found that the consequence was higher volatility and decreased liquidity.

How to "Go Short" in Australia

Short selling ASX companies should only be conducted by experienced investors. You will need to shop around for a stockbroker who is able to facilitate short trades.

Alternatively, you can profit from a falling market by purchasing an Exchange Traded Fund (ETF) that specialises in short selling.

BetaShares Australian Equities Bear Hedge Fund (BEAR) is an ETF that can be bought and sold just like ordinary shares with no extra paperwork, fees or obstacles. The fund short sells ASX SPI 200 futures contracts so that any fall in the S&P/ASX 200 index will result in an increase in the fund’s value. Therefore, the share price of BEAR ETF will rise if the stock market falls.

Using an ETF like the BEAR is a great way for the average investor to profit from, or protect against a fall in the overall Australian stock market.


Additional Links

Short Selling Regulatory Guide 196 (PDF) - ASIC’s detailed guide

Short Selling Reporting Obligations in Australia (PDF) - A law firm’s excellent summary

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