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: 22 Mar 2017

Code Company Short Week Mvt Days to Cover
1 ORE Orocobre Limited 18.76% +2.16% 20.0
2 WSA Western Areas Limited 17.93% +0.47% 22.6
3 ACX Aconex Limited 17.6% -0.21% 46.3
4 MYR Myer Holdings Limited 15.07% -0.55% 7.3
5 SYR Syrah Resources Limited 13.86% +0.65% 16.2
6 TFC TFS Corporation Limited 12% -2.28% 28.7
7 VOC Vocus Group Limited 11.53% -0.28% 32.3
8 NEC Nine Entertainment Co. Holdings Limited 10.72% -0.17% 29.5
9 DMP Domino's Pizza Enterprises Limited 10.54% +0.34% 42.0
10 MTS Metcash Limited 10.29% +0.01% 25.3
11 ISD Isentia Group Limited 10.04% -0.36% 10.1
12 IGO Independence Group NL 9.91% +0.67% 19.7
13 MYX Mayne Pharma Group Limited 9.78% +0.27% 18.4
14 OFX OFX Group Limited 9.04% +0.33% 45.2
15 DOW Downer Edi Limited 8.87% +1.19% 3.8
16 ILU Iluka Resources Limited 8.85% +0.68% 14.4
17 FLT Flight Centre Travel Group Limited 8.38% +0.23% 30.4
18 NWS News Corporation. B Voting 8.13% +0.15% 47.6
19 PRU Perseus Mining Limited 7.97% -0.80% 13.0
20 AWC Alumina Limited 7.9% -0.03% 15.9
21 GTY Gateway Lifestyle Group Stapled 7.75% -0.76% 51.4
22 BAL Bellamy's Australia Limited 7.6% -0.57% 7.6
23 RWC Reliance Worldwide Corporation Limited 7.53% +0.03% 55.0
24 A2M The A2 Milk Company Limited NZ 7.48% +0.44% 8.3
25 HVN Harvey Norman Holdings Limited 7.33% +3.60% 8.8
26 NXT Nextdc Limited 7.27% -0.67% 24.6
27 MND Monadelphous Group Limited 7.03% -2.54% 14.8
28 IPD Impedimed Limited 6.96% -0.01% 41.3
29 EHE Estia Health Limited 6.67% +0.21% 19.9
30 BDR Beadell Resources Limited 6.63% +1.63% 12.3
31 RIO RIO Tinto Limited 6.59% -0.47% 13.3
32 CSV CSG Limited 6.58% -0.03% 17.5
33 MTR Mantra Group Limited 6.54% -0.59% 5.2
34 BGA Bega Cheese Limited 6.42% -0.08% 34.9
35 HSO Healthscope Limited 6.41% -0.30% 15.0
36 AAD Ardent Leisure Group Stapled 6.37% -1.03% 7.8
37 SGH Slater & Gordon Limited 6.34% -0.11% 3.6
38 IFL Ioof Holdings Limited 6.25% +0.07% 22.9
39 PDN Paladin Energy LTD 6.19% -0.17% 0.0
40 KAR Karoon Gas Australia Limited 6.19% +0.37% 35.0
41 RFG Retail Food Group Limited 6.04% +0.76% 9.6
42 GXL Greencross Limited 6.04% +0.45% 13.6
43 IVC Invocare Limited 6% -0.29% 28.7
44 BEN Bendigo And Adelaide Bank Limited 6% -0.66% 17.0
45 MYO Myob Group Limited 5.98% +0.18% 20.3
46 MSB Mesoblast Limited 5.96% +0.13% 24.7
47 CTD Corporate Travel Management Limited 5.87% +0.03% 31.8
48 SEK Seek Limited 5.78% -0.43% 16.1
49 SRX Sirtex Medical Limited 5.78% -2.37% 7.2
50 AAC Australian Agricultural Company Limited 5.66% +0.06% 17.7
51 WOR Worleyparsons Limited 5.5% -0.79% 12.5
52 BKL Blackmores Limited 5.36% -0.35% 11.5
53 OSH Oil Search Limited 10T 5.35% +0.16% 27.1
54 AWE AWE Limited 5.31% +0.06% 25.5
55 CSR CSR Limited 5.27% -0.01% 11.0
56 LNG Liquefied Natural Gas Limited 5.19% +0.27% 26.9
57 JHC Japara Healthcare Limited 5.17% +0.23% 9.6
58 SUL Super Retail Group Limited 5.07% +0.14% 10.2
59 GMA Genworth Mortgage Insurance Australia Limited 5.06% +0.16% 14.6
60 TAH Tabcorp Holdings Limited 4.98% +0.94% 21.7
61 CAB Cabcharge Australia Limited 4.79% -0.09% 14.5
62 HGG Henderson Group PLC Cdi 1:1 4.75% +0.13% 9.7
63 CQR Charter Hall Retail Reit Unit 4.67% -0.13% 22.0
64 WGX Westgold Resources Limited 4.52% +2.16% 14.3
65 SPO Spotless Group Holdings Limited 4.51% -0.92% 2.1
66 PPT Perpetual Limited 4.5% +0.01% 16.3
67 SHV Select Harvests Limited 4.5% -0.01% 10.6
68 SDA Speedcast International Limited 4.48% +2.62% 14.5
69 QUB Qube Holdings Limited 4.41% +0.05% 26.5
70 AHG Automotive Holdings Group Limited 4.41% -0.34% 18.0
71 GOR Gold Road Resources Limited 4.33% -0.18% 33.0
72 WOW Woolworths Limited 4.31% -0.17% 20.4
73 MLX Metals X Limited 4.3% -0.13% 23.6
74 IPH IPH Limited 4.24% +0.34% 14.9
75 SAR Saracen Mineral Holdings Limited 4.19% -0.06% 5.9
76 REA REA Group LTD 4.13% -0.01% 28.1
77 SGM Sims Metal Management Limited 4.06% +0.22% 7.1
78 CCP Credit Corp Group Limited 4.06% +0.13% 11.4
79 ANN Ansell Limited 3.95% -0.19% 16.2
80 JBH JB Hi-fi Limited 3.79% +0.39% 3.4
81 ARI Arrium Limited 3.78% +0.14% 0.0
82 RCG RCG Corporation Limited 3.75% -0.33% 13.6
83 TPM TPG Telecom Limited 3.73% -0.18% 10.3
84 PRY Primary Health Care Limited 3.7% -0.20% 10.6
85 IMF IMF Bentham Limited 3.7% +0.06% 29.3
86 VRT Virtus Health Limited 3.69% -0.12% 6.3
87 REG Regis Healthcare Limited 3.57% +0.02% 47.1
88 VRL Village Roadshow Limited 3.52% +0.11% 28.0
89 SKC Skycity Entertainment Group Limited NZX 3.41% -0.05% 40.7
90 TEN TEN Network Holdings Limited 3.36% +0.17% 30.9
91 CLH Collection House Limited 3.35% -0.35% 12.8
92 MRM Mma Offshore Limited 3.28% +0.02% 23.7
93 ING Inghams Group Limited 3.22% +0.25% 27.9
94 FMG Fortescue Metals Group LTD 3.13% -0.30% 5.8
95 DLX Duluxgroup Limited 3.07% -0.11% 7.4
96 AGI Ainsworth Game Technology Limited 3.03% -0.06% 38.8
97 PGH Pact Group Holdings LTD 2.97% +0.05% 14.4
98 NST Northern Star Resources LTD 2.9% +0.20% 5.9
99 GXY Galaxy Resources Limited 2.87% +0.15% 7.2
100 DCN Dacian Gold Limited 2.82% -1.16% 8.0
101 BAP Bapcor Limited 2.79% +0.37% 7.8
102 GEM G8 Education Limited 2.78% -0.01% 3.0
103 IPL Incitec Pivot Limited 2.77% -0.16% 11.6
104 TOX TOX Free Solutions Limited 2.75% +0.57% 6.4
105 BWX BWX Limited 2.71% -0.28% 10.4
106 NSR National Storage Reit Stapled 2.69% +0.36% 16.0
107 AHY Asaleo Care Limited 2.69% -0.03% 6.9
108 WPL Woodside Petroleum Limited 2.56% -0.09% 11.1
109 SLR Silver Lake Resources Limited 2.56% -0.52% 6.5
110 SXY Senex Energy Limited 2.54% -0.05% 25.1
111 RMS Ramelius Resources Limited 2.54% -0.24% 6.1
112 ELD Elders Limited 2.51% +0.47% 8.5
113 BOQ Bank of Queensland Limited 2.5% +0.32% 4.8
114 PLS Pilbara Minerals Limited 2.5% +0.30% 6.6
115 MQA Macquarie Atlas Roads Group Stapled 2.44% +0.71% 6.0
116 ERA Energy Resources of Australia Limited 'a' 2.44% +0.02% 55.0
117 NVT Navitas Limited 2.42% +0.05% 17.0
118 FXL Flexigroup Limited 2.36% +0.13% 12.3
119 SWM Seven West Media Limited 2.33% -0.14% 11.8
120 CAR Carsales.com Limited 2.29% -0.01% 4.2
121 WHC Whitehaven Coal Limited 2.26% -0.14% 4.5
122 FXJ Fairfax Media Limited 2.25% +0.07% 5.0
123 ARB ARB Corporation Limited 2.21% +0.12% 12.6
124 SYD Sydney Airport Forus 2.21% +0.65% 12.2
125 APO Apn Outdoor Group Limited 2.16% +0.07% 5.0
126 NTC Netcomm Wireless Limited 2.16% +0.10% 19.1
127 SKI Spark Infrastructure Group Forus 2.14% +0.46% 8.5
128 SCP Shopping Centres Australasia Property Group Stapled 2.11% +0.18% 8.1
129 ORI Orica Limited 2.11% -0.51% 9.4
130 PTM Platinum Asset Management Limited 2.09% +0.09% 14.5
131 ASX ASX Limited 2.08% +0.14% 8.1
132 TRS The Reject Shop Limited 2.08% +0.13% 6.9
133 MDL Mineral Deposits Limited 2.05% -0.08% 22.3
134 AYS Amaysim Australia Limited 2.05% +0.14% 13.4
135 GWA GWA Group Limited 2.05% +0.01% 9.9
136 TGR Tassal Group Limited 1.97% -1.33% 5.5
137 DNA Donaco International Limited 1.95% -0.33% 19.7
138 CCL Coca-cola Amatil Limited 1.9% -0.17% 5.8
139 HFR Highfield Resources Limited 1.9% +0.06% 14.7
140 RSG Resolute Mining Limited 1.87% +0.15% 1.6
141 RHC Ramsay Health Care Limited 1.85% -0.06% 6.7
142 TCL Transurban Group Stapled 1.83% +0.01% 7.5
143 APN APN News & Media Limited 1.83% +0.18% 8.9
144 BLA Blue SKY Alternative Investments Limited 1.82% -0.19% 16.8
145 KCN Kingsgate Consolidated Limited 1.81% -0.38% 30.3
146 MFG Magellan Financial Group Limited 1.81% +0.13% 11.3
147 ALU Altium Limited 1.81% +0.14% 4.3
148 MGR Mirvac Group Stapled 1.78% -0.12% 5.7
149 CGF Challenger Limited 1.78% -0.01% 6.8
150 TGA Thorn Group Limited 1.74% +0.06% 8.8
151 SHL Sonic Healthcare Limited 1.73% +0.01% 10.1
152 EVN Evolution Mining Limited 1.73% +0.72% 1.9
153 COH Cochlear Limited 1.71% +0.01% 5.6
154 AMP AMP Limited 1.71% +0.24% 4.1
155 OZL Oz Minerals Limited 1.68% -0.10% 2.7
156 STO Santos Limited 1.68% -0.11% 5.8
157 FAR FAR Limited 1.68% -0.02% 6.1
158 PRG Programmed Maintenance Services Limited 1.67% -0.08% 4.2
159 SGR The Star Entertainment Group Limited 1.67% -0.01% 3.3
160 IRE Iress Limited 1.65% +0.05% 6.2
161 AST Ausnet Services Limited 1.64% -0.03% 13.2
162 BLD Boral Limited 1.62% +0.17% 4.3
163 BRU Buru Energy Limited 1.59% 0.00% 28.6
164 SVW Seven Group Holdings Limited 1.58% -0.04% 12.1
165 APA APA Group Stapled 1.55% -0.06% 9.0
166 SPL Starpharma Holdings Limited 1.54% 0.00% 33.9
167 SLC Superloop Limited 1.52% +1.30% 12.0
168 NUF Nufarm Limited 1.52% +0.19% 2.3
169 BPT Beach Energy Limited 1.51% +0.09% 6.7
170 CBA Commonwealth Bank of Australia 1.5% +0.01% 8.5
171 DRM Doray Minerals Limited 1.5% +0.09% 9.6
172 ERF Elanor Retail Property Fund Stapled 1.49% +0.22% 424.8
173 SIV Silver Chef Limited 1.46% +0.13% 10.8
174 RRL Regis Resources Limited 1.46% +0.18% 2.3
175 FWD Fleetwood Corporation Limited 1.44% 0.00% 55.2
176 IOF Investa Office Fund Stapled 1.43% +0.18% 4.2
177 AZJ Aurizon Holdings Limited 1.34% +0.07% 4.7
178 IFN Infigen Energy Stapled 1.34% +0.07% 8.6
179 CGC Costa Group Holdings Limited 1.32% -0.10% 2.7
180 DXS Dexus Property Group Stapled 1.31% +0.05% 4.3
181 GOZ Growthpoint Properties Australia Stapled 1.3% +0.36% 12.8
182 TRY Troy Resources Limited 1.29% -0.03% 2.6
183 LYC Lynas Corporation Limited 1.26% -0.15% 3.6
184 VVR Viva Energy Reit Stapled 1.26% +0.10% 9.0
185 GUD G.u.d. Holdings Limited 1.25% -0.10% 5.0
186 SEH Sino Gas & Energy Holdings Limited 1.24% +0.01% 19.2
187 NHF Nib Holdings Limited 1.19% +0.05% 5.9
188 WBC Westpac Banking Corporation 1.16% -0.11% 6.5
189 SFR Sandfire Resources NL 1.15% +0.13% 2.1
190 ABC Adelaide Brighton Limited 1.14% +0.13% 2.7
191 SLX Silex Systems Limited 1.13% +0.01% 20.5
192 BHP BHP Billiton Limited 1.12% -0.24% 4.6
193 BWP BWP Trust Ord Units 1.11% -0.03% 5.8
194 SXL Southern Cross Media Group Limited 1.11% +0.11% 4.3
195 MGC MG Unit Trust Units 1.09% -0.04% 4.8
196 SLK Sealink Travel Group Limited 1.08% +0.36% 23.4
197 GBT GBST Holdings Limited 1.07% -0.03% 17.5
198 CCV Cash Converters International 1.06% -0.50% 6.9
199 VLW Villa World Limited 1.04% 0.00% 3.5
200 BKW Brickworks Limited 1.02% 0.00% 5.4
201 CMW Cromwell Property Group Stapled 1% +0.02% 6.1
202 CDV Cardinal Resources Limited 1% +0.01% 3.5
203 MGX Mount Gibson Iron Limited 0.99% 0.00% 5.0
204 CHC Charter Hall Group Forus 0.97% 0.00% 2.4
205 INA Ingenia Communities Group Stapled 0.97% +0.04% 8.4
206 SEA Sundance Energy Australia Limited 0.96% -0.07% 6.3
207 GMG Goodman Group Stapled 0.93% +0.04% 3.3
208 CTX Caltex Australia Limited 0.93% +0.01% 2.0
209 WES Wesfarmers Limited 0.93% +0.08% 5.2
210 VTG Vita Group Limited 0.92% +0.22% 2.9
211 CYB CYBG PLC Cdi 1:1 0.91% -0.02% 2.5
212 1PG 1-PAGE Limited 0.9% 0.00% 0.0
213 ANG Austin Engineering Limited 0.88% 0.00% 8.6
214 EPW Erm Power Limited 0.87% -0.05% 17.3
215 ADH Adairs Limited 0.84% -0.15% 7.6
216 BBG Billabong International Limited 0.84% -0.02% 24.7
217 API Australian Pharmaceutical Industries Limited 0.84% -0.06% 4.9
218 AMA AMA Group Limited 0.84% +0.04% 5.1
219 NAN Nanosonics Limited 0.84% +0.08% 2.0
220 EWC Energy World Corporation LTD 0.83% -0.39% 70.6
221 GTG Genetic Technologies Limited 0.83% -0.01% 32.4
222 RBL Redbubble Limited 0.8% -0.07% 13.3
223 IAG Insurance Australia Group Limited 0.79% -0.06% 2.6
224 MYS Mystate Limited 0.78% +0.56% 8.9
225 MXC MGC Pharmaceuticals LTD 0.76% +0.76% 0.2
226 PMV Premier Investments Limited 0.75% +0.02% 1.5
227 GPT GPT Group Stapled 0.74% -0.05% 2.7
228 EML EML Payments Limited 0.73% +0.01% 3.3
229 BXB Brambles Limited 0.71% +0.08% 2.1
230 MPL Medibank Private Limited 0.7% +0.06% 3.6
231 WFD Westfield Corporation Stapled 0.7% +0.05% 2.8
232 SBM ST Barbara Limited 0.69% -0.34% 0.8
233 AFY Afterpay Holdings Limited 0.69% +0.03% 6.3
234 BTT BT Investment Management Limited 0.67% -0.02% 5.1
235 SOL Washington H Soul Pattinson & Company Limited 0.65% +0.51% 9.7
236 AMC Amcor Limited 0.65% +0.09% 2.5
237 WPP WPP Aunz LTD 0.65% -0.03% 15.6
238 3PL 3P Learning Limited. 0.65% +0.04% 17.8
239 JHX James Hardie Industries PLC Cdi 1:1 0.64% -0.10% 3.2
240 MIN Mineral Resources Limited 0.64% -0.01% 1.3
241 SMX SMS Management & Technology Limited 0.64% -0.13% 1.7
242 SUN Suncorp Group Limited 0.64% +0.10% 2.7
243 BRG Breville Group Limited 0.63% -0.05% 4.2
244 LLC Lendlease Group Stapled 0.63% -0.01% 2.4
245 SKT SKY Network Television Limited NZ 0.62% -0.06% 4.8
246 LNK Link Administration Holdings Limited 0.61% -0.11% 1.5
247 ASB Austal Limited 0.61% 0.00% 7.4
248 ACR Acrux Limited 0.61% -0.02% 5.9
249 ANZ Australia And New Zealand Banking Group Limited 0.61% -0.05% 3.2
250 TTS Tatts Group Limited 0.6% -0.03% 3.7
251 OML Ooh!media Limited 0.59% +0.19% 1.7
252 APX Appen Limited 0.57% +0.05% 3.1
253 FIG Freedom Insurance Group LTD 0.57% 0.00% 10.7
254 MMS Mcmillan Shakespeare Limited 0.56% +0.16% 1.5
255 BBN Baby Bunting Group Limited 0.55% +0.04% 1.4
256 TME Trade Me Group Limited NZX 0.52% -0.01% 2.0
257 AQG Alacer Gold Corp Cdi 1:1 0.51% +0.17% 2.0
258 CDD Cardno Limited 0.51% -0.05% 4.3
259 MRG Murray River Organics Group Limited 0.51% +0.15% 4.0
260 SCO Scottish Pacific Group Limited 0.5% +0.39% 3.5
261 IEL Idp Education Limited 0.5% 0.00% 11.1
262 ATL Apollo Tourism & Leisure LTD 0.5% 0.00% 5.0
263 CPU Computershare Limited 0.49% -0.01% 2.3
264 CWN Crown Resorts Limited 0.48% -0.01% 1.7
265 CAT Catapult Group International LTD 0.48% +0.04% 1.4
266 AGL AGL Energy Limited 0.47% -0.01% 1.4
267 ZEL Z Energy Limited NZX 0.47% 0.00% 2.7
268 HSN Hansen Technologies Limited 0.46% +0.11% 2.9
269 MML Medusa Mining Limited 0.45% -0.22% 2.8
270 MQG Macquarie Group Limited 0.44% +0.04% 1.7
271 ORG Origin Energy Limited 0.44% -0.09% 1.8
272 CSL CSL Limited 0.44% +0.04% 2.7
273 WAF West African Resources Limited 0.44% +0.05% 2.4
274 CLQ Clean Teq Holdings Limited 0.43% +0.01% 1.2
275 PRR Prima Biomed LTD 0.43% 0.00% 16.2
276 CLW Charter Hall Long Wale Reit Stapled 0.43% +0.43% 7.7
277 SRV Servcorp Limited 0.42% +0.42% 8.5
278 TLS Telstra Corporation Limited 0.42% +0.11% 1.8
279 ASL Ausdrill Limited 0.42% +0.42% 4.2
280 WEC White Energy Company Limited 0.41% 0.00% 298.1
281 DCG Decmil Group Limited 0.41% -0.02% 3.9
282 CVO Cover-more Group Limited 0.41% 0.00% 0.8
283 QAN Qantas Airways Limited 0.4% 0.00% 0.8
284 S32 SOUTH32 Limited 0.39% -0.06% 1.1
285 NAB National Australia Bank Limited 0.39% -0.07% 2.3
286 VAH Virgin Australia Holdings Limited 0.38% -0.01% 82.8
287 RMD Resmed Inc Cdi 10:1 0.38% -0.16% 3.8
288 PLG Propertylink Group Forus 0.38% +0.38% 4.7
289 BLK Blackham Resources Limited 0.37% +0.04% 1.3
290 SPK Spark New Zealand Limited NZX 0.37% +0.01% 5.3
291 VCX Vicinity Centres Stapled 0.37% -0.05% 0.6
292 RCR RCR Tomlinson Limited 0.35% +0.02% 1.4
293 AXP Airxpanders Inc Cdi Forus 0.34% 0.00% 13.7
294 WEB Webjet Limited 0.34% +0.01% 1.0
295 QBE QBE Insurance Group Limited 0.34% +0.04% 1.0
296 SDF Steadfast Group Limited 0.34% +0.02% 1.6
297 CEN Contact Energy Limited NZX 0.34% -0.03% 3,921.0
298 NCM Newcrest Mining Limited 0.33% -0.30% 1.1
299 RIC Ridley Corporation Limited 0.32% -0.01% 1.6
300 GTN GTN Limited 0.32% 0.00% 2.8
301 NRT Novogen Limited 0.32% 0.00% 1.1
302 SGF SG Fleet Group Limited 0.32% +0.01% 2.7
303 TNE Technology One Limited 0.32% +0.01% 2.0
304 YOW Yowie Group LTD 0.31% 0.00% 2.0
305 GNC Graincorp Limited 0.3% -0.01% 1.5
306 ALQ Als Limited 0.3% -0.66% 1.2
307 ABP Abacus Property Group Stapled 0.29% +0.03% 2.2
308 MHJ Michael Hill International Limited 0.29% +0.20% 18.6
309 INM Iron Mountain Incorporated Cdi 1:1 0.29% -0.03% 1.0
310 SCG Scentre Group Stapled 0.28% -0.07% 1.1
311 COE Cooper Energy Limited 0.28% +0.12% 4.2
312 CWY Cleanaway Waste Management Limited 0.27% -0.13% 1.2
313 ACO Australian Careers Network Limited 0.25% 0.00% 0.0
314 AFG Australian Finance Group LTD 0.25% +0.25% 0.6
315 IDR Industria Reit Stapled 0.25% -0.01% 0.7
316 S2R S2 Resources LTD 0.25% -0.01% 1.2
317 AGR Aguia Resources Limited 0.24% 0.00% 2.7
318 OGC Oceanagold Corporation Cdi 1:1 0.24% 0.00% 10.5
319 HLO Helloworld Limited 0.23% 0.00% 21.8
320 AOG Aveo Group Stapled 0.23% +0.04% 1.1
321 LEP Ale Property Group Stapled 0.23% 0.00% 11.1
322 DUE Duet Group Forus 0.22% -0.11% 1.2
323 TWE Treasury Wine Estates Limited 0.22% -0.01% 0.6
324 FNP Freedom Foods Group Limited 0.21% -0.02% 9.9
325 EDE Eden Innovations LTD 0.21% 0.00% 2.3
326 AJA Astro Japan Property Group Forus 0.2% -0.47% 1.2
327 RFL Rubik Financial Limited 0.19% 0.00% 0.4
328 WTC Wisetech Global Limited 0.19% -0.04% 3.3
329 CTDRB Corp Trav Rights - Applications Close 17-JAN-2017 0.18% 0.00% 0.0
330 NEA Nearmap LTD 0.18% 0.00% 0.5
331 ECX Eclipx Group Limited 0.18% 0.00% 1.1
332 BLT Benitec Biopharma Limited 0.18% +0.02% 3.4
333 RAP Resapp Health Limited 0.18% 0.00% 1.0
334 ARF Arena Reit Stapled 0.17% -0.01% 2.0
335 SIQ Smartgroup Corporation LTD 0.17% +0.03% 3.4
336 SGP Stockland Stapled 0.17% -0.12% 0.5
337 EQT EQT Holdings Limited 0.16% -0.29% 4.0
338 GHC Generation Healthcare Reit Units 0.16% -0.01% 0.7
339 CNU Chorus Limited NZX 0.16% +0.08% 1.8
340 PEN Peninsula Energy Limited 0.15% +0.01% 0.7
341 TCH Touchcorp Limited 0.15% 0.00% 2.3
342 FBU Fletcher Building Limited NZX 0.15% +0.02% 0.4
343 MNS Magnis Resources Limited 0.15% 0.00% 1.6
344 BSL Bluescope Steel Limited 0.14% -0.04% 0.2
345 WLD Wellard Limited 0.14% 0.00% 0.9
346 KDR Kidman Resources Limited 0.13% +0.07% 0.2
347 NWSLV News Corp Class a Non-voting Common Stock-cdi 0.13% 0.00% 0.0
348 PMP PMP Limited 0.13% 0.00% 1.6
349 RAN Range International Limited 0.13% 0.00% 1.1
350 FPH Fisher & Paykel Healthcare Corporation Limited NZX 0.13% +0.02% 2.8
351 XIP Xenith IP Group Limited 0.11% +0.01% 4.7
352 SIP Sigma Pharmaceuticals Limited 0.11% -0.05% 0.4
353 CKF Collins Foods Limited 0.11% 0.00% 0.1
354 ADA Adacel Technologies Limited 0.11% -0.02% 0.7
355 FET Folkestone Education Trust Unit 0.1% 0.00% 1.3
356 CAJ Capitol Health Limited 0.1% -0.48% 0.3
357 BKY Berkeley Energia Limited 0.09% +0.06% 0.7
358 KGN Kogan.com LTD 0.09% 0.00% 0.9
359 ASG Autosports Group Limited 0.08% 0.00% 0.6
360 EVT Event Hospitality And Entertainment LTD 0.08% +0.01% 3.6
361 EAR Echo Resources Limited 0.08% 0.00% 1.1
362 CIM Cimic Group Limited 0.07% -0.06% 0.8
363 MOD MOD Resources Limited 0.07% +0.07% 0.2
364 KMD Kathmandu Holdings Limited 0.07% -0.57% 0.7
365 SMR Stanmore Coal Limited 0.07% 0.00% 0.7
366 CIP Centuria Industrial Reit Ord Unit 0.07% 0.00% 0.7
367 AVN Aventus Retail Property Fund Unit 0.06% -0.01% 0.6
368 DVL Dorsavi LTD 0.06% 0.00% 2.8
369 AJX Alexium International Group Limited 0.06% -0.05% 0.4
370 OVH Onevue Holdings Limited 0.06% -0.01% 0.9
371 MOC Mortgage Choice Limited 0.06% -0.02% 0.8
372 CZZ Capilano Honey Limited 0.06% 0.00% 0.3
373 VGL Vista Group International Limited NZX 0.05% 0.00% 3,005.9
374 EGH Eureka Group Holdings Limited 0.05% +0.01% 0.3
375 CWP Cedar Woods Properties Limited 0.05% -0.01% 0.6
376 SHJ Shine Corporate LTD 0.05% -0.01% 0.5
377 TGS Tiger Resources Limited 0.05% 0.00% 0.0
378 HZN Horizon Oil Limited 0.05% 0.00% 0.8
379 ORA Orora Limited 0.05% +0.01% 0.1
380 A3D Aurora Labs Limited 0.05% +0.05% 0.1
381 NHC New Hope Corporation Limited 0.05% 0.00% 3.1
382 CDU Cudeco Limited 0.05% 0.00% 0.0
383 ALL Aristocrat Leisure Limited 0.05% -0.02% 0.2
384 SMN Structural Monitoring Systems PLC Cdi 1:1 0.04% +0.01% 0.8
385 WBA Webster Limited 0.04% 0.00% 1.6
386 ISU Iselect Limited 0.04% 0.00% 0.9
387 SVL Silver Mines Limited 0.04% 0.00% 0.2
388 HPI Hotel Property Investments Stapled 0.04% -0.02% 0.2
389 BCI BC Iron Limited 0.04% -0.01% 0.1
390 NMT Neometals LTD 0.03% +0.01% 0.8
391 UNS Unilife Corporation Cdi 60:1 0.03% 0.00% 0.9
392 GDI GDI Property Group Stapled 0.03% +0.01% 0.2
393 HIL Hills Limited 0.03% -0.01% 0.3
394 PAN Panoramic Resources Limited 0.03% 0.00% 0.7
395 BSE Base Resources Limited 0.03% +0.03% 0.5
396 NZM Nzme Limited NZX 0.03% -0.05% 0.1
397 MVP Medical Developments International Limited 0.03% -0.01% 0.4
398 XPE Xped Limited 0.03% 0.00% 0.1
399 IRI Integrated Research Limited 0.02% 0.00% 0.2
400 AJM Altura Mining Limited 0.02% +0.02% 0.3
401 PAC Pacific Current Group Limited 0.02% +0.01% 0.1
402 EMC Emefcy Group Limited 0.01% +0.01% 0.1
403 APE Ap Eagers Limited 0.01% +0.01% 1.0
404 DN8 Dreamscape Networks Limited 0.01% +0.01% 0.3
405 RFF Rural Funds Group Stapled 0.01% 0.00% 0.1
406 BUB Bubs Australia Limited 0.01% 0.00% 0.0
407 AIA Auckland International Airport Limited NZX 0.01% 0.00% 2.6
408 MEZ Meridian Energy Limited NZX 0.01% +0.01% 4.6
409 RHP Rhipe Limited 0.01% 0.00% 0.1
410 QMS QMS Media Limited 0.01% 0.00% 0.1
411 XRO Xero Limited NZX 0.01% 0.00% 0.5
412 AKP Audio Pixels Holdings Limited 0.01% 0.00% 0.3
413 ALK Alkane Resources Limited 0.01% 0.00% 0.1
414 LOV Lovisa Holdings Limited 0.01% 0.00% 0.1
415 MLB Melbourne IT Limited 0.01% 0.00% 0.0
416 SSN Samson Oil & Gas Limited 0% 0.00% 6.6
417 CTP Central Petroleum Limited 0% 0.00% 0.0
418 TAR Taruga Gold Limited 0% 0.00% 0.1
419 PPC Peet Limited 0% 0.00% 0.1
420 MLD Maca Limited 0% 0.00% 0.0
421 ILC Ishares S&p/asx 20 Etf Ishlgecap 0% 0.00% 0.0
422 SVH Silver Heritage Group Limited 0% 0.00% 0.0
423 BLDR Boral Rights-appsclose 09DEC2016 US Prohibited Deferred 0% 0.00% 0.0
424 SRS Spicers Limited 0% 0.00% 0.1
425 CVN Carnarvon Petroleum Limited 0% 0.00% 0.0
426 SSM Service Stream Limited 0% 0.00% 0.0
427 PWH PWR Holdings Limited 0% 0.00% 0.0
428 IMD Imdex Limited 0% 0.00% 0.0
429 STW SPDR S&p/asx 200 Fund Etf Units 0% 0.00% 0.0
430 IFM Infomedia LTD 0% 0.00% 0.0
431 MVF Monash Ivf Group Limited 0% 0.00% 0.0
432 ARG Argo Investments Limited 0% 0.00% 0.0
433 REH Reece Limited 0% 0.00% 0.3
434 LIC Lifestyle Communities Limited 0% 0.00% 0.1
435 LIT Lithium Australia NL 0% 0.00% 0.0
436 HVST Betadivhar Exchange Traded Fund Units Fully Paid 0% 0.00% 0.0
437 BKN Bradken Limited 0% -0.19% 0.0
438 CL1 Class Limited 0% 0.00% 0.0
439 EHL Emeco Holdings Limited 0% 0.00% 0.0
440 SFX Sheffield Resources Limited 0% 0.00% 0.0
441 WTP Watpac Limited 0% 0.00% 0.0
442 FDM Freedom Oil And Gas LTD 0% 0.00% 0.0
443 TGH Tegel Group Holdings Limited NZX 0% 0.00% 0.0
444 DWS DWS Limited 0% 0.00% 0.0
445 CDA Codan Limited 0% -0.03% 0.0
446 IGL Ive Group Limited 0% 0.00% 0.0
447 BLX Beacon Lighting Group Limited 0% 0.00% 0.0
448 AFI Australian Foundation Investment Company Limited 0% 0.00% 0.0
449 HFA HFA Holdings Limited 0% 0.00% 0.0
450 YAL Yancoal Australia Limited 0% 0.00% 0.1
451 KBL KBL Mining Limited 0% 0.00% 0.0
452 IIL Innate Immunotherapeutics Limited 0% 0.00% 0.0
453 SDL Sundance Resources Limited 0% 0.00% 0.0
454 VHY Vanguard Australian Shares High Yield Etf Etf Units 0% 0.00% 0.0
455 AUB AUB Group Limited 0% 0.00% 0.0
456 NWH NRW Holdings Limited 0% 0.00% 0.0
457 CIA Champion Iron Limited 0% 0.00% 0.0
458 CMADA Centmtreit Ordinary Units Fully Paid Deferred Settlement 0% 0.00% 0.0
459 APZ Aspen Group Stapled 0% 0.00% 0.0
460 KSC K & S Corporation Limited 0% 0.00% 0.0
461 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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