Short Selling

Short Selling Icon

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: 19 Sep 2017

Code Company Short Week Mvt Days to Cover
1 SYR Syrah Resources Limited 19.89% +0.17% 37.0
2 ORE Orocobre Limited 15.55% -1.31% 20.8
3 IGO Independence Group NL 15.47% +0.44% 30.3
4 MYR Myer Holdings Limited 14.2% -1.07% 21.8
5 WSA Western Areas Limited 14.14% -0.89% 32.1
6 RFG Retail Food Group Limited 13.67% +0.10% 55.1
7 JBH JB Hi-fi Limited 13.33% +0.19% 26.8
8 DMP Domino's Pizza Enterprises Limited 13.22% +0.37% 27.2
9 SHV Select Harvests Limited 12.79% -0.63% 28.1
10 ACX Aconex Limited 11.04% -0.68% 50.0
11 HVN Harvey Norman Holdings Limited 10.43% -0.36% 38.0
12 GXY Galaxy Resources Limited 10.26% -0.94% 6.8
13 HSO Healthscope Limited 9.96% +0.02% 16.1
14 AAD Ardent Leisure Group Stapled 9.87% -0.59% 28.7
15 APO Apn Outdoor Group Limited 9.3% +0.31% 16.0
16 MTS Metcash Limited 8.95% -1.25% 27.3
17 ISD Isentia Group Limited 8.47% -1.17% 33.3
18 MYX Mayne Pharma Group Limited 8.43% -1.65% 23.5
19 QIN Quintis LTD 8.23% -0.14% 0.0
20 NXT Nextdc Limited 8.2% -0.38% 13.5
21 GTY Gateway Lifestyle Group Stapled 7.99% -0.95% 40.4
22 AHG Automotive Holdings Group Limited 7.67% -0.12% 30.3
23 BKL Blackmores Limited 7.31% -0.27% 18.9
24 NWS News Corporation. B Voting 7.26% +0.55% 28.1
25 VOC Vocus Group Limited 7.06% -0.40% 11.6
26 RIO RIO Tinto Limited 6.97% -0.93% 9.3
27 GXL Greencross Limited 6.75% -0.29% 21.6
28 MND Monadelphous Group Limited 6.74% +0.09% 17.6
29 SAR Saracen Mineral Holdings Limited 6.62% 0.00% 13.1
30 SEK Seek Limited 6.58% +0.04% 29.8
31 IPD Impedimed Limited 6.56% -0.19% 95.8
32 FLT Flight Centre Travel Group Limited 6.52% -0.71% 15.1
33 NSR National Storage Reit Stapled 6.51% -0.32% 20.0
34 NEC Nine Entertainment Co. Holdings Limited 6.44% -0.40% 16.3
35 JHC Japara Healthcare Limited 6.43% -1.30% 16.6
36 TPM TPG Telecom Limited 6.41% -0.94% 12.9
37 TAH Tabcorp Holdings Limited 6.4% +0.08% 13.6
38 SDA Speedcast International Limited 6.33% +0.77% 28.7
39 AAC Australian Agricultural Company Limited 6.05% -0.23% 32.6
40 HT1 Ht&e Limited 5.94% -0.21% 24.4
41 PRU Perseus Mining Limited 5.92% -0.06% 18.2
42 BEN Bendigo And Adelaide Bank Limited 5.76% -0.99% 27.0
43 IPH IPH Limited 5.74% +0.07% 7.8
44 BAP Bapcor Limited 5.65% -0.14% 13.7
45 BWX BWX Limited 5.56% -0.25% 23.3
46 GMA Genworth Mortgage Insurance Australia Limited 5.48% -0.03% 6.7
47 MSB Mesoblast Limited 5.47% -0.16% 34.3
48 KAR Karoon Gas Australia Limited 5.4% -0.20% 45.2
49 VRT Virtus Health Limited 5.37% -1.73% 20.2
50 ING Inghams Group Limited 5.36% +0.23% 31.7
51 OFX OFX Group Limited 5.29% -0.47% 49.3
52 BAL Bellamy's Australia Limited 5.17% +0.18% 20.5
53 CSR CSR Limited 5.16% +0.55% 14.1
54 QUB Qube Holdings Limited 5.09% -0.13% 36.3
55 A2M The A2 Milk Company Limited NZ 5.07% -0.24% 9.0
56 OSH Oil Search Limited 10T 5.02% -0.05% 14.3
57 CCP Credit Corp Group Limited 4.97% -0.50% 13.3
58 RCG RCG Corporation Limited 4.91% -0.15% 32.5
59 DCN Dacian Gold Limited 4.75% -0.12% 11.8
60 AWE AWE Limited 4.72% -0.25% 12.9
61 IFL Ioof Holdings Limited 4.69% -0.09% 18.8
62 BGA Bega Cheese Limited 4.59% +0.21% 23.1
63 SRX Sirtex Medical Limited 4.58% +0.30% 3.6
64 CTD Corporate Travel Management Limited 4.45% -0.46% 20.0
65 SUL Super Retail Group Limited 4.44% +0.06% 12.5
66 PPT Perpetual Limited 4.33% -0.19% 14.7
67 LYC Lynas Corporation Limited 4.32% +2.87% 4.0
68 RWC Reliance Worldwide Corporation Limited 4.31% +0.18% 9.0
69 AWC Alumina Limited 4.31% -0.54% 14.8
70 WGX Westgold Resources Limited 4.31% +0.73% 18.5
71 CSV CSG Limited 4.27% -1.03% 44.1
72 MTR Mantra Group Limited 4.2% -0.02% 9.8
73 NVT Navitas Limited 4.18% -0.66% 19.9
74 IRE Iress Limited 4.14% +0.05% 9.6
75 TOX TOX Free Solutions Limited 4.09% -0.22% 41.5
76 WHC Whitehaven Coal Limited 4.07% -0.21% 8.3
77 ABC Adelaide Brighton Limited 3.86% +0.04% 18.4
78 SCP Shopping Centres Australasia Property Group Stapled 3.83% +0.12% 15.9
79 WFD Westfield Corporation Stapled 3.83% -0.70% 16.7
80 MYO Myob Group Limited 3.8% +0.15% 24.1
81 SGM Sims Metal Management Limited 3.79% -0.28% 12.4
82 PLS Pilbara Minerals Limited 3.73% +0.26% 5.4
83 IPL Incitec Pivot Limited 3.69% -0.06% 14.8
84 WOW Woolworths Limited 3.6% -0.66% 19.5
85 IVC Invocare Limited 3.53% -0.21% 13.4
86 CAB Cabcharge Australia Limited 3.53% +0.30% 12.5
87 GEM G8 Education Limited 3.52% +0.02% 4.3
88 MOC Mortgage Choice Limited 3.45% -0.76% 11.2
89 MQA Macquarie Atlas Roads Group Stapled 3.44% +0.71% 9.4
90 STO Santos Limited 3.42% -0.63% 10.5
91 GOR Gold Road Resources Limited 3.41% -0.13% 51.5
92 LNG Liquefied Natural Gas Limited 3.37% -0.12% 11.8
93 CQR Charter Hall Retail Reit Unit 3.33% -0.32% 11.6
94 IMF IMF Bentham Limited 3.33% +0.06% 32.9
95 FXL Flexigroup Limited 3.33% -0.38% 18.5
96 BDR Beadell Resources Limited 3.32% +0.07% 9.7
97 SLC Superloop Limited 3.31% -0.16% 14.5
98 JHX James Hardie Industries PLC Cdi 1:1 3.3% +0.16% 10.9
99 REG Regis Healthcare Limited 3.21% -0.09% 19.0
100 SXY Senex Energy Limited 3.19% -0.24% 27.7
101 MRM Mma Offshore Limited 3.13% -0.38% 50.1
102 ANN Ansell Limited 3.13% -0.04% 8.4
103 CLH Collection House Limited 3.12% 0.00% 39.1
104 FMG Fortescue Metals Group LTD 3.05% -0.63% 5.8
105 AYS Amaysim Australia Limited 3.04% -1.03% 4.8
106 BPT Beach Energy Limited 3.02% +0.14% 7.3
107 PTM Platinum Asset Management Limited 2.91% -0.21% 19.5
108 TGR Tassal Group Limited 2.9% -0.05% 6.2
109 PMV Premier Investments Limited 2.89% +0.16% 11.1
110 NST Northern Star Resources LTD 2.88% -0.31% 5.6
111 ARB ARB Corporation Limited 2.85% -0.41% 9.5
112 VRL Village Roadshow Limited 2.84% -0.22% 36.2
113 TEN TEN Network Holdings Limited 2.83% -0.39% 0.0
114 PRY Primary Health Care Limited 2.79% -0.19% 8.1
115 VTG Vita Group Limited 2.78% +0.49% 9.2
116 SFR Sandfire Resources NL 2.68% +0.44% 3.5
117 SCO Scottish Pacific Group Limited 2.63% -0.04% 31.3
118 WPL Woodside Petroleum Limited 2.62% -0.02% 11.1
119 AMP AMP Limited 2.6% -0.08% 18.6
120 CAT Catapult Group International LTD 2.59% -0.13% 11.7
121 PDN Paladin Energy LTD 2.59% 0.00% 0.0
122 EHE Estia Health Limited 2.57% -0.08% 5.3
123 CWN Crown Resorts Limited 2.56% +0.14% 12.8
124 COE Cooper Energy Limited 2.56% +0.67% 9.7
125 AMA AMA Group Limited 2.49% +0.03% 7.3
126 WOR Worleyparsons Limited 2.48% -0.44% 8.8
127 TGA Thorn Group Limited 2.47% +0.06% 22.4
128 EVN Evolution Mining Limited 2.46% -0.56% 3.8
129 MGR Mirvac Group Stapled 2.43% -0.24% 7.9
130 REA REA Group LTD 2.4% +0.07% 23.7
131 TRS The Reject Shop Limited 2.39% -0.47% 2.7
132 DRM Doray Minerals Limited 2.38% -0.07% 14.0
133 NAN Nanosonics Limited 2.3% -0.03% 4.9
134 BLD Boral Limited 2.3% +0.42% 7.3
135 SIV Silver Chef Limited 2.29% +0.02% 9.1
136 BIN Bingo Industries Limited 2.17% +0.28% 36.2
137 RHC Ramsay Health Care Limited 2.17% -0.95% 7.3
138 AGI Ainsworth Game Technology Limited 2.16% +0.12% 13.9
139 MLX Metals X Limited 2.15% -0.42% 21.6
140 SKC Skycity Entertainment Group Limited NZX 2.13% -0.02% 11.7
141 NHF Nib Holdings Limited 2.1% +0.78% 6.7
142 FBU Fletcher Building Limited NZX 2.09% +0.04% 12.6
143 BSL Bluescope Steel Limited 2.08% +0.99% 2.6
144 BBN Baby Bunting Group Limited 2.03% -0.10% 5.8
145 BOQ Bank of Queensland Limited 2.02% -0.31% 7.0
146 CAR Carsales.com Limited 1.99% +0.15% 4.5
147 VCX Vicinity Centres Stapled 1.92% -0.13% 8.7
148 ERA Energy Resources of Australia Limited 'a' 1.9% 0.00% 112.9
149 SIG Sigma Healthcare Limited 1.9% +0.30% 6.9
150 CYB CYBG PLC Cdi 1:1 1.89% -0.35% 4.3
151 OZL Oz Minerals Limited 1.87% +0.35% 2.4
152 SKI Spark Infrastructure Group Forus 1.82% -0.20% 8.3
153 DOW Downer Edi Limited 1.77% +0.01% 4.5
154 SHL Sonic Healthcare Limited 1.75% -0.16% 7.3
155 CHC Charter Hall Group Forus 1.74% +0.02% 2.8
156 APA APA Group Stapled 1.72% -0.01% 11.9
157 SEA Sundance Energy Australia Limited 1.71% -0.08% 5.6
158 AHY Asaleo Care Limited 1.69% -0.16% 5.3
159 ARI A.c.n. 004 410 833 Limited 1.69% -0.51% 0.0
160 AST Ausnet Services Limited 1.67% -0.17% 13.1
161 ASX ASX Limited 1.67% +0.04% 13.5
162 TWE Treasury Wine Estates Limited 1.64% 0.00% 7.5
163 KCN Kingsgate Consolidated Limited 1.6% +0.04% 5.9
164 GOZ Growthpoint Properties Australia Stapled 1.58% -0.14% 18.3
165 BHP BHP Billiton Limited 1.58% -0.14% 7.2
166 HFR Highfield Resources Limited 1.57% -0.07% 38.9
167 NTC Netcomm Wireless Limited 1.57% 0.00% 5.5
168 API Australian Pharmaceutical Industries Limited 1.53% -1.35% 4.6
169 BWP BWP Trust Ord Units 1.52% +0.04% 8.4
170 BXB Brambles Limited 1.49% +0.10% 3.0
171 OML Ooh!media Limited 1.48% -0.40% 8.9
172 SPL Starpharma Holdings Limited 1.46% -0.11% 6.0
173 MFG Magellan Financial Group Limited 1.46% -0.02% 7.7
174 RMS Ramelius Resources Limited 1.4% +0.05% 5.6
175 GWA GWA Group Limited 1.38% -0.13% 4.9
176 SVW Seven Group Holdings Limited 1.36% -0.18% 3.6
177 PGH Pact Group Holdings LTD 1.35% +0.11% 4.2
178 CCL Coca-cola Amatil Limited 1.27% -0.16% 3.3
179 SGH Slater & Gordon Limited 1.23% 0.00% 8.9
180 QBE QBE Insurance Group Limited 1.23% +0.24% 3.8
181 SLX Silex Systems Limited 1.23% 0.00% 53.6
182 FAR FAR Limited 1.23% -0.02% 10.4
183 CGF Challenger Limited 1.2% -0.11% 4.0
184 VEU Vanguard All-world Ex-us Shares Index Etf Cdi 1:1 1.2% +0.20% 6.1
185 SEH Sino Gas & Energy Holdings Limited 1.19% -0.01% 23.0
186 CPU Computershare Limited 1.19% +0.07% 4.6
187 CMW Cromwell Property Group Stapled 1.16% +0.12% 4.5
188 RSG Resolute Mining Limited 1.16% +0.01% 1.4
189 AFG Australian Finance Group LTD 1.15% +0.01% 16.2
190 KDR Kidman Resources Limited 1.14% +0.37% 2.0
191 DLX Duluxgroup Limited 1.14% +0.09% 4.1
192 TCL Transurban Group Stapled 1.13% -0.38% 7.2
193 WES Wesfarmers Limited 1.13% -0.53% 9.3
194 IAG Insurance Australia Group Limited 1.11% +0.04% 6.5
195 LLC Lendlease Group Stapled 1.1% +0.34% 4.3
196 MGX Mount Gibson Iron Limited 1.08% -0.08% 8.4
197 TLS Telstra Corporation Limited 1.07% -0.06% 5.2
198 BLA Blue SKY Alternative Investments Limited 1.07% 0.00% 7.3
199 SGR The Star Entertainment Group Limited 1.06% -0.23% 4.7
200 COH Cochlear Limited 1.02% +0.11% 3.8
201 CBA Commonwealth Bank of Australia 1.01% -0.36% 7.3
202 BRU Buru Energy Limited 0.99% 0.00% 9.3
203 CWY Cleanaway Waste Management Limited 0.99% -0.05% 5.9
204 TRY Troy Resources Limited 0.97% +0.02% 9.6
205 MGC MG Unit Trust Units 0.97% -0.22% 1.1
206 FWD Fleetwood Corporation Limited 0.97% 0.00% 10.4
207 SNZ Summerset Group Holdings Limited NZX 0.97% 0.00% 10,803.0
208 IEL Idp Education Limited 0.95% -0.03% 4.3
209 SWM Seven West Media Limited 0.94% -0.08% 7.5
210 RRL Regis Resources Limited 0.91% -0.02% 1.5
211 1PG 1-PAGE Limited 0.9% 0.00% 0.0
212 GUD G.u.d. Holdings Limited 0.9% -0.14% 2.3
213 JHG Janus Henderson Group PLC Cdi 1:1 0.89% -0.05% 3.2
214 WEB Webjet Limited 0.85% +0.04% 2.7
215 ORI Orica Limited 0.85% -0.07% 3.5
216 SYD Sydney Airport Forus 0.81% -0.33% 4.1
217 CLW Charter Hall Long Wale Reit Stapled 0.81% +0.57% 1.2
218 LNK Link Administration Holdings Limited 0.81% -0.13% 2.7
219 WBC Westpac Banking Corporation 0.8% -0.40% 5.8
220 ABP Abacus Property Group Stapled 0.76% +0.26% 3.0
221 MPL Medibank Private Limited 0.76% -0.10% 4.3
222 SLK Sealink Travel Group Limited 0.76% -0.02% 8.2
223 AZJ Aurizon Holdings Limited 0.75% +0.03% 3.0
224 GPT GPT Group Stapled 0.75% +0.05% 3.5
225 NCM Newcrest Mining Limited 0.69% +0.03% 1.7
226 ILU Iluka Resources Limited 0.69% -0.12% 1.3
227 AQG Alacer Gold Corp Cdi 1:1 0.69% -0.03% 2.3
228 AOG Aveo Group Stapled 0.69% +0.09% 2.0
229 CTX Caltex Australia Limited 0.68% -0.09% 1.8
230 DXS Dexus Stapled 0.67% -0.10% 2.5
231 WPG WPG Resources LTD 0.66% -0.02% 8.1
232 FNP Freedom Foods Group Limited 0.65% +0.04% 12.7
233 WPP WPP Aunz LTD 0.64% -0.01% 18.9
234 BKW Brickworks Limited 0.64% +0.01% 3.3
235 NUH Nuheara Limited 0.64% +0.10% 1.6
236 TNE Technology One Limited 0.63% -0.08% 1.9
237 ACR Acrux Limited 0.6% -0.11% 2.1
238 ASG Autosports Group Limited 0.59% -0.01% 3.6
239 APX Appen Limited 0.58% +0.24% 1.0
240 MVF Monash Ivf Group Limited 0.58% +0.01% 3.5
241 AMC Amcor Limited 0.57% +0.01% 2.8
242 GMG Goodman Group Stapled 0.57% -0.03% 2.3
243 INA Ingenia Communities Group Stapled 0.57% +0.04% 11.4
244 S32 SOUTH32 Limited 0.57% +0.06% 1.7
245 RMD Resmed Inc Cdi 10:1 0.55% +0.14% 4.5
246 HSN Hansen Technologies Limited 0.54% 0.00% 3.7
247 SKT SKY Network Television Limited NZ 0.54% -0.36% 4.9
248 SPK Spark New Zealand Limited NZX 0.54% +0.03% 6.3
249 ADH Adairs Limited 0.53% 0.00% 9.1
250 MML Medusa Mining Limited 0.53% -0.05% 9.7
251 PAC Pacific Current Group Limited 0.53% 0.00% 12.4
252 VVR Viva Energy Reit Stapled 0.52% -0.03% 1.7
253 SCG Scentre Group Stapled 0.52% +0.01% 3.0
254 ASB Austal Limited 0.51% -0.06% 2.6
255 ANZ Australia And New Zealand Banking Group Limited 0.51% -0.01% 3.4
256 GBT GBST Holdings Limited 0.51% +0.08% 2.0
257 BLK Blackham Resources Limited 0.5% -0.02% 2.1
258 AGL AGL Energy Limited 0.49% -0.06% 1.9
259 TGH Tegel Group Holdings Limited NZX 0.45% -0.16% 27.2
260 ASL Ausdrill Limited 0.45% +0.20% 1.1
261 WTC Wisetech Global Limited 0.44% +0.03% 4.0
262 EML EML Payments Limited 0.44% -0.11% 0.5
263 RBL Redbubble Limited 0.43% 0.00% 19.7
264 ORA Orora Limited 0.43% -0.01% 1.4
265 NVL National Veterinary Care LTD 0.42% 0.00% 2.4
266 ALU Altium Limited 0.42% -0.09% 1.3
267 IFN Infigen Energy Stapled 0.42% -0.34% 3.1
268 SUN Suncorp Group Limited 0.42% -0.02% 1.1
269 ECX Eclipx Group Limited 0.42% +0.15% 0.8
270 DNA Donaco International Limited 0.4% -0.03% 9.4
271 RFF Rural Funds Group Stapled 0.4% +0.05% 2.4
272 IRI Integrated Research Limited 0.37% +0.05% 3.1
273 SDF Steadfast Group Limited 0.37% +0.02% 1.4
274 RIC Ridley Corporation Limited 0.37% -0.01% 1.4
275 S2R S2 Resources LTD 0.35% +0.01% 1.3
276 ORG Origin Energy Limited 0.35% -0.07% 1.4
277 VAH Virgin Australia Holdings Limited 0.35% 0.00% 96.5
278 SBM ST Barbara Limited 0.33% 0.00% 0.5
279 MIN Mineral Resources Limited 0.33% -0.03% 0.5
280 BBG Billabong International Limited 0.33% +0.11% 8.6
281 CLQ Clean Teq Holdings Limited 0.33% +0.11% 2.1
282 IEM Ishares Msci Emerging Markets Etf Cdi 1:1 0.33% +0.24% 1.4
283 CKF Collins Foods Limited 0.33% 0.00% 2.3
284 EDE Eden Innovations LTD 0.32% 0.00% 2.6
285 IMD Imdex Limited 0.32% +0.32% 2.0
286 RAP Resapp Health Limited 0.31% -0.03% 1.0
287 FBR Fastbrick Robotics LTD 0.31% +0.04% 0.8
288 ZEL Z Energy Limited NZX 0.31% -0.07% 31.7
289 GNE Genesis Energy Limited NZX 0.3% 0.00% 54.9
290 RCR RCR Tomlinson Limited 0.3% -0.04% 0.4
291 NUF Nufarm Limited 0.3% -0.15% 2.1
292 CEN Contact Energy Limited NZX 0.29% +0.10% 3.5
293 EWC Energy World Corporation LTD 0.29% -0.01% 23.6
294 NAB National Australia Bank Limited 0.28% -0.04% 2.2
295 CMA Centuria Metropolitan Reit Ord Unit 0.28% +0.17% 3.5
296 IDR Industria Reit Stapled 0.28% -0.02% 4.6
297 CGC Costa Group Holdings Limited 0.28% +0.03% 0.8
298 GNC Graincorp Limited 0.28% +0.02% 1.0
299 OSP Osprey Medical Inc Cdi Forus 0.28% 0.00% 16.0
300 FPH Fisher & Paykel Healthcare Corporation Limited NZX 0.26% 0.00% 3.0
301 ABA Auswide Bank LTD 0.26% +0.02% 7.6
302 ELD Elders Limited 0.26% 0.00% 0.8
303 CDV Cardinal Resources Limited 0.26% -0.02% 1.7
304 WND Windlab Limited 0.25% 0.00% 1.9
305 CSL CSL Limited 0.25% -0.01% 1.9
306 ACO Australian Careers Network Limited 0.25% 0.00% 0.0
307 MMS Mcmillan Shakespeare Limited 0.25% -0.02% 0.8
308 ALQ Als Limited 0.25% 0.00% 0.9
309 PRG Programmed Maintenance Services Limited 0.24% -0.03% 0.5
310 AJA Astro Japan Property Group Forus 0.23% 0.00% 0.0
311 CDD Cardno Limited 0.23% -0.01% 1.2
312 TTS Tatts Group Limited 0.23% -0.23% 1.3
313 SLR Silver Lake Resources Limited 0.23% +0.02% 0.6
314 SGP Stockland Stapled 0.23% 0.00% 0.9
315 SHJ Shine Corporate LTD 0.23% +0.01% 5.0
316 EXU Explaurum Limited 0.22% 0.00% 0.7
317 YOW Yowie Group LTD 0.21% +0.01% 0.5
318 BTT BT Investment Management Limited 0.21% +0.04% 0.7
319 INM Iron Mountain Incorporated Cdi 1:1 0.21% -0.01% 1.1
320 SOL Washington H Soul Pattinson & Company Limited 0.21% -0.07% 1.0
321 GRR Grange Resources Limited 0.21% -0.01% 6.1
322 MNS Magnis Resources Limited 0.2% +0.02% 0.0
323 MCY Mercury NZ Limited NZX 0.2% 0.00% 275.4
324 CWP Cedar Woods Properties Limited 0.2% 0.00% 2.6
325 BLX Beacon Lighting Group Limited 0.2% -0.03% 15.3
326 PLG Propertylink Group Forus 0.2% 0.00% 0.4
327 MQG Macquarie Group Limited 0.19% -0.29% 0.9
328 AGO Atlas Iron Limited 0.19% +0.02% 0.6
329 GTN GTN Limited 0.18% 0.00% 20.1
330 3PL 3P Learning Limited. 0.18% -0.01% 0.2
331 SVL Silver Mines Limited 0.18% 0.00% 1.5
332 FET Folkestone Education Trust Unit 0.18% 0.00% 2.2
333 AC8 Auscann Group Holdings LTD 0.18% 0.00% 0.8
334 APE Ap Eagers Limited 0.18% +0.03% 4.7
335 SGF SG Fleet Group Limited 0.17% -0.18% 1.6
336 CCV Cash Converters International 0.17% -0.04% 2.2
337 OGC Oceanagold Corporation Cdi 1:1 0.16% +0.03% 2.8
338 PMP PMP Limited 0.15% 0.00% 5.2
339 QAN Qantas Airways Limited 0.14% -0.02% 0.3
340 VLW Villa World Limited 0.14% 0.00% 0.8
341 SRV Servcorp Limited 0.14% +0.07% 0.3
342 HUB HUB24 Limited 0.13% +0.13% 0.8
343 CIP Centuria Industrial Reit Ord Unit 0.13% +0.03% 0.5
344 UPD Updater Inc Cdi Forus 0.13% -0.24% 1.2
345 EPW Erm Power Limited 0.13% -0.01% 1.7
346 APT Afterpay Touch Group Limited 0.12% +0.07% 0.4
347 IGL Ive Group Limited 0.12% +0.12% 0.5
348 SXL Southern Cross Media Group Limited 0.12% -0.01% 0.2
349 MYS Mystate Limited 0.12% -0.01% 1.2
350 ARF Arena Reit Stapled 0.12% 0.00% 1.1
351 DCG Decmil Group Limited 0.12% -0.07% 0.7
352 AVN Aventus Retail Property Fund Unit 0.12% +0.09% 0.7
353 LEP Ale Property Group Stapled 0.11% -0.24% 2.3
354 MOD MOD Resources Limited 0.1% +0.02% 1.1
355 NWSLV News Corp Class a Non-voting Common Stock-cdi 0.1% 0.00% 0.0
356 SMX SMS Management & Technology Limited 0.1% 0.00% 0.0
357 CNU Chorus Limited NZX 0.1% +0.01% 0.6
358 NCK Nick Scali Limited 0.1% +0.10% 1.6
359 CIM Cimic Group Limited 0.1% 0.00% 1.4
360 NMT Neometals LTD 0.09% +0.09% 1.4
361 ALK Alkane Resources Limited 0.09% +0.07% 0.4
362 WTP Watpac Limited 0.09% -0.31% 0.9
363 GSC Global Geoscience Limited 0.09% 0.00% 0.9
364 QMS QMS Media Limited 0.08% +0.02% 0.4
365 BUB Bubs Australia Limited 0.08% +0.08% 0.0
366 CAJ Capitol Health Limited 0.08% 0.00% 0.3
367 SIQ Smartgroup Corporation LTD 0.08% -0.01% 0.7
368 SMN Structural Monitoring Systems PLC Cdi 1:1 0.08% 0.00% 0.4
369 EGH Eureka Group Holdings Limited 0.08% +0.01% 1.1
370 OVH Onevue Holdings Limited 0.07% -0.04% 1.1
371 BRG Breville Group Limited 0.07% -0.04% 0.5
372 FXJ Fairfax Media Limited 0.06% 0.00% 0.3
373 CDU Cudeco Limited 0.06% 0.00% 1.4
374 RVA Reva Medical Inc Cdi 10:1 0.06% 0.00% 19.9
375 TME Trade Me Group Limited NZX 0.06% -0.10% 0.2
376 WXHG SPDR Wxozh Exchange Traded Fund Units Fully Paid 0.06% +0.06% 0.0
377 BCI BC Iron Limited 0.06% 0.00% 0.6
378 HZN Horizon Oil Limited 0.05% 0.00% 2.7
379 TGS Tiger Resources Limited 0.05% 0.00% 0.0
380 HIL Hills Limited 0.05% +0.01% 0.8
381 WAF West African Resources Limited 0.05% -0.01% 0.3
382 PLX Pyrolyx Ag Cdi 15:1 0.04% 0.00% 4.2
383 GCY Gascoyne Resources Limited 0.04% +0.04% 0.2
384 MHJ Michael Hill International Limited 0.04% -0.22% 0.6
385 SHM Shriro Holdings Limited 0.04% +0.04% 0.2
386 VGL Vista Group International Limited NZX 0.04% 0.00% 1.6
387 KGN Kogan.com LTD 0.04% +0.01% 0.1
388 WLD Wellard Limited 0.04% +0.01% 0.1
389 CZZ Capilano Honey Limited 0.04% 0.00% 1.0
390 GPR Geopacific Resources LTD 0.04% +0.02% 1.4
391 PEN Peninsula Energy Limited 0.04% 0.00% 1.2
392 IOF Investa Office Fund Stapled 0.04% -0.43% 0.1
393 OKU Oklo Resources Limited 0.03% 0.00% 0.2
394 UNS Unilife Corporation Cdi 60:1 0.03% 0.00% 0.0
395 AZY Antipa Minerals Limited 0.03% 0.00% 0.6
396 AXP Airxpanders Inc Cdi Forus 0.03% 0.00% 0.9
397 FLN Freelancer Limited 0.03% 0.00% 3.0
398 ADA Adacel Technologies Limited 0.03% 0.00% 0.4
399 EVT Event Hospitality And Entertainment LTD 0.03% +0.01% 0.9
400 NZM Nzme Limited NZX 0.03% +0.01% 0.2
401 EHL Emeco Holdings Limited 0.03% +0.03% 0.2
402 HPI Hotel Property Investments Stapled 0.03% +0.01% 0.2
403 BKY Berkeley Energia Limited 0.03% -0.03% 0.5
404 WBA Webster Limited 0.02% 0.00% 1.5
405 SSM Service Stream Limited 0.02% 0.00% 0.2
406 GDI GDI Property Group Stapled 0.02% 0.00% 0.2
407 PME Pro Medicus Limited 0.02% +0.02% 0.1
408 NCZ New Century Resources Limited 0.02% 0.00% 0.0
409 SOM Somnomed Limited 0.02% 0.00% 0.6
410 AIA Auckland International Airport Limited NZX 0.02% -0.04% 1.7
411 ISU Iselect Limited 0.02% +0.01% 0.1
412 MP1 Megaport Limited 0.02% 0.00% 0.2
413 XRO Xero Limited NZX 0.02% +0.01% 0.4
414 KMD Kathmandu Holdings Limited 0.01% 0.00% 0.2
415 IEU Ishares Europe Etf Cdi 1:1 0.01% +0.01% 0.1
416 SYT Syntonic Limited 0.01% 0.00% 0.0
417 MRP Macphersons Resources Limited 0.01% 0.00% 0.5
418 ALL Aristocrat Leisure Limited 0.01% 0.00% 0.1
419 LCT Living Cell Technologies Limited 0.01% +0.01% 0.1
420 BIG BIG Un Limited 0.01% +0.01% 0.1
421 IVE Ishares Msci Eafe Etf Cdi 1:1 0.01% +0.01% 0.1
422 RVR Red River Resources Limited 0.01% 0.00% 0.1
423 FLC Fluence Corporation Limited 0.01% 0.00% 0.3
424 MLD Maca Limited 0.01% +0.01% 0.0
425 BUD Buddy Platform LTD 0.01% 0.00% 0.0
426 VLA Viralytics Limited 0.01% 0.00% 0.9
427 CL1 Class Limited 0.01% +0.01% 0.0
428 PAN Panoramic Resources Limited 0.01% -0.08% 0.0
429 NHC New Hope Corporation Limited 0.01% 0.00% 0.2
430 SPO Spotless Group Holdings Limited 0.01% 0.00% 0.7
431 M7T MACH7 Technologies Limited 0% 0.00% 0.0
432 HFA HFA Holdings Limited 0% -0.03% 0.0
433 AIZ Air New Zealand Limited NZX 0% 0.00% 0.4
434 BLY Boart Longyear Limited 0% 0.00% 0.1
435 YAL Yancoal Australia Limited 0% 0.00% 1.5
436 PRT Prime Media Group Limited 0% 0.00% 0.0
437 AJX Alexium International Group Limited 0% 0.00% 0.0
438 REH Reece Limited 0% 0.00% 0.1
439 IFM Infomedia LTD 0% 0.00% 0.0
440 NWH NRW Holdings Limited 0% 0.00% 0.0
441 BSE Base Resources Limited 0% 0.00% 0.0
442 TPE Tpi Enterprises Limited 0% 0.00% 0.0
443 AKP Audio Pixels Holdings Limited 0% 0.00% 0.0
444 WHA Wattle Health Australia Limited 0% 0.00% 0.0
445 ESE Esense-lab LTD Cdi 1:1 0% 0.00% 0.0
446 SVH Silver Heritage Group Limited 0% 0.00% 0.0
447 AUZ Australian Mines Limited 0% 0.00% 0.0
448 HLO Helloworld Travel Limited 0% 0.00% 0.0
449 ATS Australis Oil & Gas Limited 0% 0.00% 0.0
450 PSC Prospect Resources Limited 0% 0.00% 0.0
451 88E 88 Energy Limited 0% 0.00% 0.0
452 RHL Ruralco Holdings Limited 0% 0.00% 0.0
453 IDX Integral Diagnostics Limited 0% 0.00% 0.0
454 KBL KBL Mining Limited 0% 0.00% 0.0
455 DDR Dicker Data Limited 0% 0.00% 0.0
456 STW SPDR S&p/asx 200 Fund Etf Units 0% 0.00% 0.0
457 SDL Sundance Resources Limited 0% 0.00% 0.0
458 MDL Mineral Deposits Limited 0% 0.00% 0.0
459 VHY Vanguard Australian Shares High Yield Etf Etf Units 0% 0.00% 0.0
460 AUB AUB Group Limited 0% 0.00% 0.0
461 APZ Aspen Group Stapled 0% -0.08% 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