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: 19 Jul 2017

Code Company Short Week Mvt Days to Cover
1 ORE Orocobre Limited 19.22% -0.13% 30.0
2 SYR Syrah Resources Limited 17.7% -0.66% 44.2
3 WSA Western Areas Limited 17.33% +0.61% 15.9
4 MYR Myer Holdings Limited 16.04% -0.22% 9.6
5 IGO Independence Group NL 14.53% -0.25% 29.4
6 JBH JB Hi-fi Limited 14.46% +1.04% 34.3
7 RFG Retail Food Group Limited 12.94% +0.21% 21.5
8 MTS Metcash Limited 12.29% +0.04% 31.0
9 DMP Domino's Pizza Enterprises Limited 12.08% +0.01% 32.6
10 AAD Ardent Leisure Group Stapled 12.06% +0.04% 42.4
11 ISD Isentia Group Limited 11.91% -0.61% 30.2
12 MYX Mayne Pharma Group Limited 11.9% -0.14% 22.3
13 ACX Aconex Limited 11.79% -0.16% 49.3
14 HVN Harvey Norman Holdings Limited 10.85% +0.41% 32.6
15 SHV Select Harvests Limited 10.79% -0.42% 25.2
16 FLT Flight Centre Travel Group Limited 10.42% -0.37% 22.4
17 JHC Japara Healthcare Limited 9.09% +0.27% 36.3
18 GTY Gateway Lifestyle Group Stapled 8.87% +0.20% 30.5
19 HSO Healthscope Limited 8.62% +0.41% 30.2
20 AHG Automotive Holdings Group Limited 8.61% +0.36% 26.6
21 CTD Corporate Travel Management Limited 8.6% +0.59% 37.0
22 A2M The A2 Milk Company Limited NZ 8.59% +0.48% 19.8
23 GXY Galaxy Resources Limited 8.57% -0.99% 9.8
24 NEC Nine Entertainment Co. Holdings Limited 8.53% -0.60% 11.8
25 BKL Blackmores Limited 8.52% +0.17% 25.7
26 QIN Quintis LTD 8.14% -0.22% 0.0
27 TPM TPG Telecom Limited 7.82% +0.09% 51.2
28 BEN Bendigo And Adelaide Bank Limited 7.5% +0.44% 18.4
29 APO Apn Outdoor Group Limited 7.38% +0.55% 8.2
30 BAP Bapcor Limited 7.33% +0.11% 14.2
31 RWC Reliance Worldwide Corporation Limited 7.25% +0.12% 38.5
32 SAR Saracen Mineral Holdings Limited 7.2% +0.32% 7.0
33 GXL Greencross Limited 7.19% -0.30% 17.3
34 RIO RIO Tinto Limited 7.14% +0.01% 18.5
35 NXT Nextdc Limited 7.13% +0.32% 8.2
36 AYS Amaysim Australia Limited 7.08% +0.81% 22.9
37 NWS News Corporation. B Voting 7.01% -0.03% 30.9
38 PRU Perseus Mining Limited 6.96% -0.13% 12.7
39 IPD Impedimed Limited 6.96% +0.01% 56.2
40 MND Monadelphous Group Limited 6.93% -0.09% 25.7
41 EHE Estia Health Limited 6.92% -0.04% 24.2
42 OFX OFX Group Limited 6.88% -0.22% 58.8
43 SEK Seek Limited 6.85% +0.34% 35.1
44 VOC Vocus Group Limited 6.42% -0.41% 28.7
45 OSH Oil Search Limited 10T 6.31% +0.13% 23.6
46 VRT Virtus Health Limited 6.18% +0.64% 18.7
47 BAL Bellamy's Australia Limited 6.17% -0.07% 6.5
48 NSR National Storage Reit Stapled 5.89% +0.57% 21.8
49 AWC Alumina Limited 5.61% +0.06% 17.6
50 AAC Australian Agricultural Company Limited 5.58% +0.12% 29.7
51 CSV CSG Limited 5.52% -0.18% 156.8
52 GEM G8 Education Limited 5.49% +0.25% 18.7
53 PPT Perpetual Limited 5.48% +0.07% 9.3
54 IFL Ioof Holdings Limited 5.36% -0.04% 18.4
55 KAR Karoon Gas Australia Limited 5.35% -0.02% 42.6
56 BGA Bega Cheese Limited 5.23% -0.65% 16.6
57 DCN Dacian Gold Limited 5.22% 0.00% 90.5
58 AWE AWE Limited 5.19% -0.39% 20.1
59 TAH Tabcorp Holdings Limited 5.18% +0.06% 17.7
60 RCG RCG Corporation Limited 5.11% -0.26% 34.7
61 CCP Credit Corp Group Limited 4.96% -0.05% 7.2
62 GMA Genworth Mortgage Insurance Australia Limited 4.95% +0.08% 22.5
63 MYO Myob Group Limited 4.89% -0.51% 27.9
64 CSR CSR Limited 4.86% +0.14% 5.3
65 CQR Charter Hall Retail Reit Unit 4.86% +0.09% 16.1
66 SRX Sirtex Medical Limited 4.79% -0.18% 10.4
67 MSB Mesoblast Limited 4.76% -0.28% 22.7
68 QUB Qube Holdings Limited 4.72% +0.04% 25.1
69 MOC Mortgage Choice Limited 4.71% +0.28% 42.8
70 PLS Pilbara Minerals Limited 4.59% -0.15% 34.5
71 TOX TOX Free Solutions Limited 4.43% -0.08% 36.0
72 NST Northern Star Resources LTD 4.42% +0.44% 6.7
73 IPH IPH Limited 4.37% -0.05% 26.1
74 LNK Link Administration Holdings Limited 4.27% +0.21% 13.8
75 ING Inghams Group Limited 4.24% -0.06% 59.1
76 HT1 Ht&e Limited 4.23% -0.01% 23.8
77 WHC Whitehaven Coal Limited 4.15% -0.10% 7.3
78 SUL Super Retail Group Limited 4.15% -0.11% 9.0
79 SGM Sims Metal Management Limited 4.14% -0.01% 9.6
80 PTM Platinum Asset Management Limited 4.11% +0.09% 20.7
81 WOW Woolworths Limited 4% +0.15% 27.5
82 IVC Invocare Limited 3.97% -0.06% 28.3
83 CAB Cabcharge Australia Limited 3.79% -0.09% 41.7
84 STO Santos Limited 3.77% +0.27% 6.9
85 BWX BWX Limited 3.68% -0.11% 17.1
86 GOR Gold Road Resources Limited 3.66% +0.03% 76.7
87 ABC Adelaide Brighton Limited 3.64% +0.11% 15.3
88 VTG Vita Group Limited 3.6% +0.24% 7.1
89 SLC Superloop Limited 3.55% +0.06% 48.2
90 FXL Flexigroup Limited 3.53% -0.29% 16.9
91 MTR Mantra Group Limited 3.53% +0.12% 6.3
92 ARB ARB Corporation Limited 3.5% -0.17% 23.4
93 ANN Ansell Limited 3.49% -0.06% 7.5
94 LNG Liquefied Natural Gas Limited 3.49% -0.04% 13.4
95 SXY Senex Energy Limited 3.44% -0.07% 51.2
96 SDA Speedcast International Limited 3.44% +0.03% 5.0
97 IMF IMF Bentham Limited 3.36% 0.00% 36.0
98 MRM Mma Offshore Limited 3.36% 0.00% 144.8
99 PRY Primary Health Care Limited 3.36% +0.31% 9.1
100 WGX Westgold Resources Limited 3.31% +0.16% 11.1
101 CLH Collection House Limited 3.23% -0.44% 35.3
102 VRL Village Roadshow Limited 3.21% 0.00% 28.1
103 AHY Asaleo Care Limited 3.2% -0.10% 14.3
104 BDR Beadell Resources Limited 3.15% +0.25% 10.4
105 WPL Woodside Petroleum Limited 3.11% -0.01% 12.3
106 MLX Metals X Limited 3.09% -0.15% 29.4
107 WFD Westfield Corporation Stapled 3.09% +0.34% 14.7
108 REG Regis Healthcare Limited 3.05% +0.16% 15.1
109 SCP Shopping Centres Australasia Property Group Stapled 2.99% -0.18% 12.1
110 FMG Fortescue Metals Group LTD 2.97% -0.13% 5.2
111 TEN TEN Network Holdings Limited 2.91% 0.00% 0.0
112 NVT Navitas Limited 2.9% +0.45% 12.3
113 MGR Mirvac Group Stapled 2.87% -0.14% 6.5
114 WOR Worleyparsons Limited 2.86% -0.12% 9.6
115 SCO Scottish Pacific Group Limited 2.84% -0.02% 56.5
116 EVN Evolution Mining Limited 2.82% -0.08% 5.6
117 REA REA Group LTD 2.81% -0.13% 15.5
118 CWN Crown Resorts Limited 2.79% -0.08% 11.2
119 AGI Ainsworth Game Technology Limited 2.75% -0.01% 27.5
120 ECX Eclipx Group Limited 2.74% +0.35% 9.9
121 LYC Lynas Corporation Limited 2.73% +0.37% 12.0
122 TRS The Reject Shop Limited 2.7% -0.07% 7.6
123 BPT Beach Energy Limited 2.65% -0.06% 8.8
124 IRE Iress Limited 2.63% +0.08% 14.6
125 PMV Premier Investments Limited 2.61% +0.23% 17.6
126 PDN Paladin Energy LTD 2.55% -0.03% 0.0
127 GWA GWA Group Limited 2.55% -0.04% 10.4
128 TGA Thorn Group Limited 2.45% -0.02% 30.3
129 MQA Macquarie Atlas Roads Group Stapled 2.44% +0.23% 9.0
130 OML Ooh!media Limited 2.36% +0.21% 11.9
131 CAT Catapult Group International LTD 2.36% -0.13% 20.0
132 SGR The Star Entertainment Group Limited 2.32% -0.09% 7.1
133 DLX Duluxgroup Limited 2.31% +0.03% 7.6
134 IPL Incitec Pivot Limited 2.23% +0.37% 8.4
135 AMP AMP Limited 2.22% -0.04% 9.9
136 SKC Skycity Entertainment Group Limited NZX 2.1% -0.04% 21.7
137 RHC Ramsay Health Care Limited 2.07% +0.06% 19.2
138 SHL Sonic Healthcare Limited 2.04% -0.15% 10.3
139 ERA Energy Resources of Australia Limited 'a' 2.03% -0.02% 42.8
140 BOQ Bank of Queensland Limited 2.01% -0.06% 4.7
141 CCL Coca-cola Amatil Limited 2% -0.14% 6.4
142 CAR Carsales.com Limited 1.95% -0.16% 5.0
143 BLA Blue SKY Alternative Investments Limited 1.93% -0.06% 28.0
144 SFR Sandfire Resources NL 1.9% -0.03% 2.5
145 SIV Silver Chef Limited 1.87% +0.13% 22.7
146 ASX ASX Limited 1.86% -0.10% 10.1
147 APA APA Group Stapled 1.86% +0.08% 11.5
148 ILU Iluka Resources Limited 1.84% +0.22% 3.6
149 AMA AMA Group Limited 1.81% -0.01% 24.9
150 PGH Pact Group Holdings LTD 1.8% -0.19% 14.3
151 WEB Webjet Limited 1.79% +0.15% 7.8
152 NTC Netcomm Wireless Limited 1.79% -0.03% 19.6
153 DRM Doray Minerals Limited 1.77% -0.16% 3.1
154 MFG Magellan Financial Group Limited 1.75% 0.00% 9.0
155 BSL Bluescope Steel Limited 1.73% +0.09% 4.0
156 GOZ Growthpoint Properties Australia Stapled 1.71% +0.08% 24.2
157 BHP BHP Billiton Limited 1.7% -0.07% 8.4
158 ARI Arrium Limited 1.7% 0.00% 0.0
159 OZL Oz Minerals Limited 1.7% +0.10% 2.4
160 KCN Kingsgate Consolidated Limited 1.68% +0.02% 13.7
161 DOW Downer Edi Limited 1.63% +0.02% 4.7
162 BIN Bingo Industries Limited 1.63% 0.00% 8.0
163 CHC Charter Hall Group Forus 1.62% +0.01% 4.2
164 BRU Buru Energy Limited 1.62% +0.01% 7.0
165 SPL Starpharma Holdings Limited 1.58% -0.01% 32.2
166 HFR Highfield Resources Limited 1.58% -0.01% 15.3
167 SEA Sundance Energy Australia Limited 1.58% -0.08% 3.8
168 SWM Seven West Media Limited 1.56% +0.10% 7.7
169 SKI Spark Infrastructure Group Forus 1.56% +0.05% 6.7
170 AST Ausnet Services Limited 1.5% +0.15% 13.5
171 CBA Commonwealth Bank of Australia 1.49% -0.02% 7.5
172 JHG Janus Henderson Group PLC Cdi 1:1 1.46% -0.22% 4.5
173 RMS Ramelius Resources Limited 1.42% -0.04% 3.6
174 BWP BWP Trust Ord Units 1.42% 0.00% 6.4
175 NHF Nib Holdings Limited 1.42% +0.03% 15.4
176 GUD G.u.d. Holdings Limited 1.38% +0.10% 8.4
177 SVW Seven Group Holdings Limited 1.37% -0.05% 15.3
178 SYD Sydney Airport Forus 1.37% +0.16% 5.8
179 VCX Vicinity Centres Stapled 1.34% +0.13% 3.0
180 VLW Villa World Limited 1.34% 0.00% 3.9
181 FAR FAR Limited 1.33% -0.01% 18.5
182 TGR Tassal Group Limited 1.31% +0.12% 4.3
183 WES Wesfarmers Limited 1.27% -0.10% 8.1
184 SGH Slater & Gordon Limited 1.24% -0.04% 4.4
185 MMS Mcmillan Shakespeare Limited 1.23% -0.08% 4.8
186 ORI Orica Limited 1.22% -0.07% 5.8
187 CMW Cromwell Property Group Stapled 1.21% +0.04% 5.8
188 TLS Telstra Corporation Limited 1.18% -0.08% 4.6
189 API Australian Pharmaceutical Industries Limited 1.17% -0.05% 2.6
190 AZJ Aurizon Holdings Limited 1.15% 0.00% 5.2
191 MGX Mount Gibson Iron Limited 1.14% +0.01% 2.5
192 JHX James Hardie Industries PLC Cdi 1:1 1.13% +0.08% 4.3
193 BLD Boral Limited 1.13% +0.10% 4.6
194 SLX Silex Systems Limited 1.1% +0.02% 18.7
195 RCR RCR Tomlinson Limited 1.08% -0.02% 10.5
196 AFG Australian Finance Group LTD 1.08% +0.24% 5.3
197 BXB Brambles Limited 1.06% +0.10% 4.1
198 BBN Baby Bunting Group Limited 1.04% +0.04% 6.4
199 IEL Idp Education Limited 1.04% 0.00% 10.1
200 SEH Sino Gas & Energy Holdings Limited 1.03% -0.01% 33.1
201 TTS Tatts Group Limited 1.01% +0.03% 8.8
202 SXL Southern Cross Media Group Limited 0.99% +0.03% 4.4
203 CYB CYBG PLC Cdi 1:1 0.99% -0.05% 2.2
204 WBC Westpac Banking Corporation 0.97% -0.03% 4.1
205 CWY Cleanaway Waste Management Limited 0.97% 0.00% 4.2
206 FWD Fleetwood Corporation Limited 0.97% 0.00% 10.5
207 NCM Newcrest Mining Limited 0.97% -0.11% 2.4
208 TCL Transurban Group Stapled 0.96% -0.08% 4.0
209 ABP Abacus Property Group Stapled 0.94% +0.01% 8.0
210 RSG Resolute Mining Limited 0.92% -0.01% 1.0
211 MGC MG Unit Trust Units 0.92% +0.01% 6.7
212 SUN Suncorp Group Limited 0.91% -0.02% 2.5
213 IAG Insurance Australia Group Limited 0.91% -0.02% 4.8
214 1PG 1-PAGE Limited 0.9% 0.00% 0.0
215 S32 SOUTH32 Limited 0.89% +0.12% 2.2
216 TRY Troy Resources Limited 0.88% +0.04% 2.9
217 SIG Sigma Healthcare Limited 0.88% +0.01% 3.0
218 CTX Caltex Australia Limited 0.85% 0.00% 3.3
219 CGF Challenger Limited 0.84% +0.01% 3.9
220 SLK Sealink Travel Group Limited 0.84% -0.02% 22.8
221 EML EML Payments Limited 0.8% -0.04% 4.8
222 MVF Monash Ivf Group Limited 0.79% +0.10% 5.0
223 GBT GBST Holdings Limited 0.78% -0.04% 7.7
224 TWE Treasury Wine Estates Limited 0.78% +0.07% 2.7
225 ASG Autosports Group Limited 0.77% 0.00% 144.1
226 SNZ Summerset Group Holdings Limited NZX 0.76% 0.00% 387.7
227 ELD Elders Limited 0.76% +0.02% 3.6
228 MML Medusa Mining Limited 0.76% -0.01% 9.8
229 COH Cochlear Limited 0.74% +0.12% 3.0
230 RRL Regis Resources Limited 0.74% +0.04% 1.1
231 PBT Prana Biotechnology Limited 0.73% +0.03% 57.6
232 DXS Dexus Stapled 0.72% -0.15% 2.5
233 WPP WPP Aunz LTD 0.69% +0.01% 22.0
234 GMG Goodman Group Stapled 0.67% +0.02% 2.6
235 MIN Mineral Resources Limited 0.67% +0.08% 1.4
236 SKT SKY Network Television Limited NZ 0.67% -0.01% 8.6
237 TNE Technology One Limited 0.66% +0.02% 3.2
238 RBL Redbubble Limited 0.66% 0.00% 8.5
239 IFN Infigen Energy Stapled 0.65% -0.02% 3.7
240 SOL Washington H Soul Pattinson & Company Limited 0.65% +0.01% 9.1
241 BKW Brickworks Limited 0.65% -0.01% 5.5
242 BLK Blackham Resources Limited 0.65% -0.07% 0.7
243 ORG Origin Energy Limited 0.64% +0.01% 2.2
244 NAN Nanosonics Limited 0.63% -0.01% 1.7
245 ASB Austal Limited 0.62% -0.05% 11.4
246 ALU Altium Limited 0.61% +0.03% 1.9
247 CCV Cash Converters International 0.6% -0.02% 3.6
248 COE Cooper Energy Limited 0.6% -0.02% 6.9
249 GPT GPT Group Stapled 0.59% -0.11% 1.7
250 BBG Billabong International Limited 0.59% 0.00% 4.7
251 AMC Amcor Limited 0.57% -0.19% 2.8
252 CGC Costa Group Holdings Limited 0.57% +0.03% 2.6
253 LLC Lendlease Group Stapled 0.57% -0.02% 2.3
254 HSN Hansen Technologies Limited 0.57% +0.01% 5.3
255 SLR Silver Lake Resources Limited 0.57% +0.13% 1.6
256 MPL Medibank Private Limited 0.56% +0.03% 2.6
257 CLW Charter Hall Long Wale Reit Stapled 0.56% -0.05% 4.1
258 GTG Genetic Technologies Limited 0.54% 0.00% 74.8
259 PRG Programmed Maintenance Services Limited 0.54% -1.04% 0.3
260 ZEL Z Energy Limited NZX 0.54% 0.00% 98.6
261 AQG Alacer Gold Corp Cdi 1:1 0.52% -0.03% 2.5
262 DNA Donaco International Limited 0.52% -0.01% 11.8
263 VVR Viva Energy Reit Stapled 0.51% +0.04% 1.5
264 SBM ST Barbara Limited 0.51% +0.09% 0.5
265 SGF SG Fleet Group Limited 0.5% 0.00% 40.0
266 INA Ingenia Communities Group Stapled 0.49% +0.01% 5.6
267 ADH Adairs Limited 0.49% 0.00% 9.2
268 SCG Scentre Group Stapled 0.47% +0.12% 1.6
269 CLQ Clean Teq Holdings Limited 0.46% -0.12% 4.2
270 EWC Energy World Corporation LTD 0.46% 0.00% 46.2
271 CDV Cardinal Resources Limited 0.46% -0.02% 10.0
272 ANZ Australia And New Zealand Banking Group Limited 0.45% -0.05% 1.6
273 EPW Erm Power Limited 0.45% 0.00% 9.1
274 IDR Industria Reit Stapled 0.45% +0.08% 1.6
275 MYS Mystate Limited 0.44% 0.00% 5.6
276 SPK Spark New Zealand Limited NZX 0.44% -0.16% 6.6
277 LEP Ale Property Group Stapled 0.44% +0.02% 11.1
278 AGL AGL Energy Limited 0.43% -0.02% 2.3
279 RFF Rural Funds Group Stapled 0.42% +0.02% 1.5
280 MQG Macquarie Group Limited 0.42% +0.03% 1.4
281 NUH Nuheara Limited 0.42% -0.03% 0.3
282 RIC Ridley Corporation Limited 0.41% -0.01% 7.4
283 ACR Acrux Limited 0.4% 0.00% 1.7
284 AXP Airxpanders Inc Cdi Forus 0.4% 0.00% 9.8
285 CPU Computershare Limited 0.4% -0.02% 1.1
286 PAC Pacific Current Group Limited 0.39% -0.32% 4.8
287 CEN Contact Energy Limited NZX 0.39% +0.09% 27.4
288 VAH Virgin Australia Holdings Limited 0.35% -0.02% 79.3
289 GTN GTN Limited 0.35% 0.00% 17.4
290 NUF Nufarm Limited 0.35% 0.00% 1.2
291 ORA Orora Limited 0.34% +0.01% 1.2
292 APX Appen Limited 0.34% 0.00% 1.0
293 BTT BT Investment Management Limited 0.34% -0.12% 1.4
294 FNP Freedom Foods Group Limited 0.34% -0.01% 24.2
295 WTC Wisetech Global Limited 0.33% -0.03% 9.0
296 BLT Benitec Biopharma Limited 0.33% 0.00% 18.6
297 QBE QBE Insurance Group Limited 0.32% -0.05% 1.3
298 WPG WPG Resources LTD 0.32% +0.04% 1.6
299 PRR Prima Biomed LTD 0.31% -0.03% 1.5
300 S2R S2 Resources LTD 0.31% +0.06% 6.2
301 3PL 3P Learning Limited. 0.3% 0.00% 1.9
302 FBU Fletcher Building Limited NZX 0.28% -0.02% 0.9
303 FXJ Fairfax Media Limited 0.28% +0.01% 0.6
304 BKY Berkeley Energia Limited 0.28% +0.01% 3.2
305 TGH Tegel Group Holdings Limited NZX 0.28% 0.00% 86.1
306 CDD Cardno Limited 0.28% 0.00% 18.9
307 SGP Stockland Stapled 0.27% -0.08% 0.8
308 MHJ Michael Hill International Limited 0.27% -0.13% 10.4
309 MNS Magnis Resources Limited 0.27% 0.00% 0.0
310 NAB National Australia Bank Limited 0.26% -0.03% 1.2
311 ACO Australian Careers Network Limited 0.25% 0.00% 0.0
312 EDE Eden Innovations LTD 0.24% -0.01% 2.8
313 AGO Atlas Iron Limited 0.23% +0.01% 0.3
314 PLG Propertylink Group Forus 0.23% +0.01% 0.7
315 GNC Graincorp Limited 0.23% +0.02% 0.9
316 CVO Cover-more Group Limited 0.23% 0.00% 0.0
317 RMD Resmed Inc Cdi 10:1 0.22% -0.03% 1.5
318 CWP Cedar Woods Properties Limited 0.21% +0.01% 2.2
319 BRG Breville Group Limited 0.21% -0.10% 1.5
320 WAF West African Resources Limited 0.2% -0.01% 0.9
321 CIP Centuria Industrial Reit Ord Unit 0.2% -0.01% 1.9
322 APE Ap Eagers Limited 0.2% -0.02% 11.4
323 INM Iron Mountain Incorporated Cdi 1:1 0.18% -0.02% 1.6
324 SIQ Smartgroup Corporation LTD 0.18% +0.01% 3.8
325 NVL National Veterinary Care LTD 0.18% +0.01% 1.7
326 ALQ Als Limited 0.18% -0.02% 0.6
327 AOG Aveo Group Stapled 0.18% +0.01% 0.4
328 SDF Steadfast Group Limited 0.17% +0.01% 0.9
329 DCG Decmil Group Limited 0.17% -0.01% 1.8
330 GRR Grange Resources Limited 0.17% +0.09% 0.5
331 SPO Spotless Group Holdings Limited 0.16% +0.11% 1.9
332 BLX Beacon Lighting Group Limited 0.16% +0.02% 7.5
333 AJA Astro Japan Property Group Forus 0.15% +0.01% 0.9
334 CKF Collins Foods Limited 0.15% +0.03% 0.6
335 PMP PMP Limited 0.15% 0.00% 27.0
336 ARF Arena Reit Stapled 0.14% -0.01% 2.5
337 SRV Servcorp Limited 0.14% 0.00% 0.9
338 FET Folkestone Education Trust Unit 0.14% -0.08% 1.2
339 RAP Resapp Health Limited 0.14% +0.02% 0.4
340 CSL CSL Limited 0.13% -0.04% 0.6
341 AC8 Auscann Group Holdings LTD 0.12% +0.03% 0.4
342 KDR Kidman Resources Limited 0.12% -0.08% 0.1
343 PAN Panoramic Resources Limited 0.11% 0.00% 2.0
344 WLD Wellard Limited 0.11% 0.00% 0.2
345 QAN Qantas Airways Limited 0.11% -0.12% 0.2
346 ASL Ausdrill Limited 0.11% -0.02% 0.7
347 PEN Peninsula Energy Limited 0.11% 0.00% 0.9
348 NWSLV News Corp Class a Non-voting Common Stock-cdi 0.11% 0.00% 0.0
349 CZZ Capilano Honey Limited 0.1% 0.00% 0.7
350 CIM Cimic Group Limited 0.1% 0.00% 0.5
351 CNU Chorus Limited NZX 0.09% -0.03% 0.5
352 EGH Eureka Group Holdings Limited 0.09% 0.00% 1.1
353 NEA Nearmap LTD 0.08% +0.01% 0.3
354 OVH Onevue Holdings Limited 0.08% 0.00% 1.4
355 SVL Silver Mines Limited 0.08% -0.01% 0.8
356 OGC Oceanagold Corporation Cdi 1:1 0.08% +0.01% 1.2
357 EVT Event Hospitality And Entertainment LTD 0.08% -0.01% 3.7
358 ATL Apollo Tourism & Leisure LTD 0.07% 0.00% 0.7
359 IMD Imdex Limited 0.07% 0.00% 0.4
360 COG Consolidated Operations Group Limited 0.06% +0.02% 3.4
361 SHJ Shine Corporate LTD 0.06% +0.02% 0.2
362 AVN Aventus Retail Property Fund Unit 0.06% 0.00% 1.4
363 BCI BC Iron Limited 0.06% 0.00% 0.2
364 HIL Hills Limited 0.05% +0.01% 0.3
365 FPH Fisher & Paykel Healthcare Corporation Limited NZX 0.05% -0.01% 0.8
366 YOW Yowie Group LTD 0.05% -0.02% 0.2
367 TGS Tiger Resources Limited 0.05% 0.00% 0.0
368 MLB Melbourne IT Limited 0.05% 0.00% 0.4
369 HZN Horizon Oil Limited 0.05% 0.00% 1.2
370 EQT EQT Holdings Limited 0.05% 0.00% 1.2
371 GGG Greenland Minerals And Energy Limited 0.05% +0.05% 0.7
372 WTP Watpac Limited 0.05% +0.05% 2.4
373 ALK Alkane Resources Limited 0.05% +0.02% 0.1
374 ADX ADX Energy LTD 0.05% +0.05% 0.8
375 CDU Cudeco Limited 0.05% 0.00% 2.1
376 VGL Vista Group International Limited NZX 0.04% 0.00% 0.0
377 SMN Structural Monitoring Systems PLC Cdi 1:1 0.04% 0.00% 0.4
378 NRT Novogen Limited 0.04% -0.22% 0.5
379 FLC Fluence Corporation Limited 0.04% +0.04% 0.3
380 TME Trade Me Group Limited NZX 0.04% 0.00% 0.2
381 IOF Investa Office Fund Stapled 0.04% +0.01% 0.2
382 WBA Webster Limited 0.04% 0.00% 0.8
383 AJD Asia Pacific Data Centre Group Stapled 0.04% -0.01% 0.0
384 MLD Maca Limited 0.04% -0.01% 0.2
385 MOD MOD Resources Limited 0.03% +0.01% 0.4
386 SOM Somnomed Limited 0.03% 0.00% 0.1
387 VLA Viralytics Limited 0.03% 0.00% 3.2
388 UNS Unilife Corporation Cdi 60:1 0.03% 0.00% 0.0
389 RVR Red River Resources Limited 0.03% 0.00% 0.1
390 GDI GDI Property Group Stapled 0.03% +0.01% 0.2
391 AJX Alexium International Group Limited 0.03% 0.00% 0.3
392 NZM Nzme Limited NZX 0.03% -0.08% 0.1
393 NMT Neometals LTD 0.03% +0.01% 0.3
394 QMS QMS Media Limited 0.03% 0.00% 0.4
395 NHC New Hope Corporation Limited 0.03% 0.00% 1.3
396 RKN Reckon Limited 0.02% 0.00% 0.2
397 HPI Hotel Property Investments Stapled 0.02% 0.00% 0.2
398 LNKN Link Admin Ordinary Fully Paid Deferred 0.02% +0.02% 0.0
399 KMD Kathmandu Holdings Limited 0.02% -0.02% 0.9
400 IAM Intiger Group Limited 0.02% 0.00% 0.1
401 AIA Auckland International Airport Limited NZX 0.02% 0.00% 5.5
402 IRI Integrated Research Limited 0.02% 0.00% 0.2
403 UPD Updater Inc Cdi Forus 0.02% 0.00% 0.2
404 ALL Aristocrat Leisure Limited 0.02% 0.00% 0.0
405 SSM Service Stream Limited 0.02% 0.00% 0.1
406 ESE Esense-lab LTD Cdi 1:1 0.02% -0.01% 0.0
407 TLG Talga Resources LTD 0.02% +0.02% 0.1
408 RAN Range International Limited 0.02% 0.00% 0.1
409 AHX Apiam Animal Health Limited 0.01% 0.00% 0.4
410 DWS DWS Limited 0.01% 0.00% 0.3
411 MDL Mineral Deposits Limited 0.01% 0.00% 0.7
412 STW SPDR S&p/asx 200 Fund Etf Units 0.01% 0.00% 0.1
413 NSL NSL Consolidated Limited 0.01% +0.01% 0.0
414 SYT Syntonic Limited 0.01% 0.00% 0.0
415 AVJ Avjennings Limited 0.01% +0.01% 0.1
416 APN APN News & Media Limited 0.01% 0.00% 0.0
417 RHP Rhipe Limited 0.01% 0.00% 0.0
418 XRO Xero Limited NZX 0.01% 0.00% 0.3
419 FLN Freelancer Limited 0.01% 0.00% 0.2
420 ISU Iselect Limited 0.01% +0.01% 0.0
421 MMJ MMJ Phytotech Limited 0.01% 0.00% 0.0
422 TPE Tpi Enterprises Limited 0.01% +0.01% 0.1
423 OKU Oklo Resources Limited 0.01% 0.00% 0.0
424 NCK Nick Scali Limited 0.01% 0.00% 0.0
425 DDR Dicker Data Limited 0.01% 0.00% 0.0
426 MP1 Megaport Limited 0% 0.00% 0.0
427 PPC Peet Limited 0% 0.00% 1.2
428 TAR Taruga Gold Limited 0% 0.00% 0.0
429 MPP Metro Performance Glass Limited NZX 0% 0.00% 0.2
430 XPE Xped Limited 0% 0.00% 0.0
431 AKP Audio Pixels Holdings Limited 0% 0.00% 0.1
432 REH Reece Limited 0% 0.00% 1.4
433 AFI Australian Foundation Investment Company Limited 0% 0.00% 0.1
434 BSE Base Resources Limited 0% 0.00% 0.1
435 IFM Infomedia LTD 0% 0.00% 0.0
436 SVH Silver Heritage Group Limited 0% 0.00% 0.0
437 LOV Lovisa Holdings Limited 0% 0.00% 0.0
438 AIZ Air New Zealand Limited NZX 0% 0.00% 0.1
439 ATS Australis Oil & Gas Limited 0% 0.00% 0.0
440 HFA HFA Holdings Limited 0% 0.00% 0.0
441 AUZ Australian Mines Limited 0% 0.00% 0.0
442 MEZ Meridian Energy Limited NZX 0% 0.00% 0.3
443 88E 88 Energy Limited 0% 0.00% 0.0
444 AUB AUB Group Limited 0% 0.00% 0.0
445 CL1 Class Limited 0% 0.00% 0.0
446 GNE Genesis Energy Limited NZX 0% 0.00% 0.0
447 SRS Spicers Limited 0% 0.00% 0.0
448 APT Afterpay Touch Group Limited 0% -0.17% 0.0
449 MBE Mobile Embrace Limited 0% 0.00% 0.0
450 ILC Ishares S&p/asx 20 Etf Ishlgecap 0% 0.00% 0.0
451 TWR Tower Limited NZX 0% 0.00% 0.0
452 MVP Medical Developments International Limited 0% 0.00% 0.0
453 CIA Champion Iron Limited 0% 0.00% 0.0
454 EHL Emeco Holdings Limited 0% 0.00% 0.0
455 YAL Yancoal Australia Limited 0% 0.00% 0.0
456 IFT Infratil Limited NZX 0% 0.00% 1.1
457 KBL KBL Mining Limited 0% 0.00% 0.0
458 FSF Fonterra Shareholders' Fund Unit NZX 0% 0.00% 0.0
459 IGL Ive Group Limited 0% 0.00% 0.0
460 SDL Sundance Resources Limited 0% 0.00% 0.0
461 SMX SMS Management & Technology Limited 0% -0.01% 0.0
462 NWH NRW Holdings Limited 0% 0.00% 0.0
463 VHY Vanguard Australian Shares High Yield Etf Etf Units 0% 0.00% 0.0
464 MFF MFF Capital Investments Limited 0% 0.00% 0.0
465 GHC Generation Healthcare Reit Units 0% 0.00% 0.0
466 APZ Aspen Group Stapled 0% 0.00% 0.0
467 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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