The 10 most shorted ASX stocks plus the biggest risers and fallers – Week 14
Short sellers aggressively targeted Boss Energy and high-performing, richly valued stocks last week.
Source: iStock
Mentioned
Welcome back to the Short Seller Series – A recap of the most heavily shorted stocks on the ASX and those experiencing significant changes to short interest over the past week.
Short selling data is four days behind today's date because reporting is not mandatory until three business days after the trade. The tables below will compare:
Week-on-week changes between 17 and 24 March 2025
Month-on-month changes between 18 February and 24 March 2025
Most Shorted
Ticker | Company | Short % | Week-on-Week | Month-on-Month |
|---|---|---|---|---|
Boss Energy | 24.43% | 1.11% | 4.28% | |
Paladin Energy | 15.57% | -2.01% | -1.36% | |
Pilbara Minerals | 12.49% | 0.47% | 1.17% | |
Idp Education | 12.03% | -0.67% | -0.31% | |
Domino's Pizza | 11.86% | 0.39% | 0.97% | |
Mineral Resources | 11.71% | 0.53% | -0.81% | |
Deep Yellow | 11.61% | -0.36% | 0.69% | |
Lifestyle Communities | 10.13% | -0.09% | 0.33% | |
Liontown Resources | 10.08% | 0.00% | 0.06% | |
Cettire | 9.94% | -0.09% | 0.27% |
Key takeaways
Top ten most shorted stocks have shown little change this week, except for Boss Energy and Paladin Energy
Short sellers are increasingly targeting Boss Energy, pushing short interest to all-time highs
Short positions in Paladin Energy are being covered, possibly due to company-specific challenges and profit-taking rather than a positive catalyst. On Friday, March 21, Paladin announced a temporary suspension of operations at its Langer Heinrich Mine due to unseasonal heavy rainfall. Paladin shares fell as much as 9.9% in early trading that day, before closing down 3.95%. The intraday rebound may reflect short sellers covering their positions.
Rising Shorts
Ticker | Company | Short % | Week-on-Week | Month-on-Month |
|---|---|---|---|---|
Generation Development | 1.33% | 1.26% | 1.18% | |
Botanix Pharmaceuticals | 1.59% | 1.16% | 1.52% | |
Boss Energy | 24.43% | 1.11% | 4.28% | |
Iperionx | 3.05% | 1.09% | 1.58% | |
Sigma Healthcare | 1.89% | 1.03% | 1.46% | |
Redox | 2.04% | 1.01% | 1.49% | |
Mesoblast | 4.84% | 1.00% | 2.32% | |
Bannerman Energy | 5.93% | 0.90% | 0.84% | |
Digico Infrastructure REIT | 1.79% | 0.86% | 1.34% | |
Polynovo | 8.05% | 0.85% | 3.43% | |
Vulcan Energy Resources | 2.92% | 0.83% | 2.06% | |
Perpetual | 3.01% | 0.80% | 0.54% | |
Spartan Resources | 2.72% | 0.77% | 0.64% | |
Clarity Pharmaceuticals | 4.57% | 0.68% | 1.75% | |
Maas Group Holdings | 3.21% | 0.67% | 2.34% | |
Whitehaven Coal | 5.12% | 0.66% | 0.47% | |
Capstone Copper Corp | 1.57% | 0.66% | 0.38% | |
Catapult Group | 1.23% | 0.65% | 0.39% | |
Imdex | 2.00% | 0.63% | 0.09% | |
Siteminder | 3.26% | 0.58% | 1.83% | |
Metcash | 3.02% | 0.54% | 0.60% | |
Mineral Resources | 11.71% | 0.53% | -0.81% | |
Telix Pharmaceuticals | 4.06% | 0.51% | 1.04% |
Key takeaways
A few high-performing yet richly valued stocks, such as Generation Development Group, Sigma Healthcare, Catapult Group, and Siteminder, are seeing a rise in short interest
Digico Infrastructure REIT has emerged as a logical target for short sellers after recent news of Microsoft abandoning projects and canceling leases for new data centers across the US and Europe, coupled with Alibaba Chairman Joe Tsai’s remarks on over-investment in the data center sector
Short sellers are also targeting struggling stocks trading near year-to-date lows, including Iperionx, Redox, Mesoblast, and others, showing no hesitation in piling onto these beaten-down names
Most Covered
Ticker | Company | Short % | Week-on-Week | Month-on-Month |
|---|---|---|---|---|
Webjet Group | 0.10% | -2.56% | -1.24% | |
Kelsian Group | 2.57% | -2.23% | -1.59% | |
Syrah Resources | 6.86% | -2.20% | -5.22% | |
Paladin Energy | 15.57% | -2.01% | -1.36% | |
Amcor | 0.52% | -1.88% | -0.41% | |
Arafura | 1.99% | -1.86% | -1.78% | |
New Hope Corp | 4.58% | -1.78% | -0.87% | |
Johns Lyng Group | 6.11% | -1.66% | -2.69% | |
Dicker Data | 0.33% | -1.50% | -1.17% | |
Imugene | 4.67% | -1.41% | -1.67% | |
Wildcat Resources | 2.58% | -1.21% | -1.68% | |
Bellevue Gold | 4.37% | -1.16% | -2.52% | |
Nufarm | 1.51% | -1.03% | -1.09% | |
Life360 | 0.22% | -1.01% | -0.29% | |
Collins Foods | 2.20% | -1.01% | -0.44% | |
Sayona Mining | 3.21% | -0.96% | -1.37% | |
Calix | 0.94% | -0.82% | -0.70% | |
Idp Education | 12.03% | -0.67% | -0.31% | |
Coronado Global | 1.46% | -0.56% | -0.94% | |
Jupiter Mines | 0.14% | -0.55% | -0.33% | |
Tabcorp Holdings | 0.95% | -0.50% | -1.77% |
Key takeaways
Webjet Group shares have plummeted 33% year-to-date, even though most analysts maintain Outperform/Buy ratings with target prices above $1.30. On March 19, Webjet’s strategy update outlined an ambitious goal of 100% TTV growth by FY30, far exceeding the current consensus forecast of 12% over the same six-year period. However, the company tempered expectations by projecting FY26 underlying EBITDA to be roughly in line with FY25, falling about 9% below market forecasts, which sent the stock tumbling 14.5% that day and likely prompted profit-taking by short sellers.
Short sellers seem to be easing off other struggling stocks, including Kelsian (down 15% on its February 26 results day), Syrah Resources, Paladin Energy, and others.
