The 10 most shorted ASX stocks plus the biggest risers and fallers – Week 15
Shorters have broadened their bets against the uranium sector, targeting both producers Boss and explorers like Elevate and Bannerman Energy
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 24 March and 1 April 2025
Month-on-month changes between 10 March and 1 April 2025
Most Shorted
Ticker | Company | Short % | Week-on-Week | Month-on-Month |
|---|---|---|---|---|
Boss Energy | 24.77% | 0.34% | 2.19% | |
Paladin Energy | 15.50% | -0.07% | -2.45% | |
Deep Yellow | 13.22% | 1.61% | 1.06% | |
Pilbara Minerals | 13.20% | 0.71% | 0.97% | |
Mineral Resources | 12.79% | 1.08% | 1.19% | |
Idp Education | 12.34% | 0.31% | -0.22% | |
Domino's Pizza | 11.97% | 0.11% | 0.93% | |
Liontown Resources | 10.66% | 0.58% | 0.11% | |
Lifestyle Communities | 10.16% | 0.03% | 0.28% | |
Lotus Resources | 9.79% | 2.53% | 2.78% |
Key takeaways
Uranium stocks face rising short interest, with Lotus Resources and Deep Yellow leading the surge, followed by Boss Energy, signaling sector-wide pressure
Uranium prices have slipped to around US$64/lb, the lowest in 18 months. The latest move was triggered by a broad risk-off move for the energy sector as well as the Trump administration's plans to secure economic ties with Russia
Lithium stocks saw a modest rise in short interest after a steep decline, with Pilbara Minerals rebounding from 10.3% in early February 2025 to nearly 13%, following a peak of 22.5% in August 2024
Rising Shorts
Ticker | Company | Short % | Week-on-Week | Month-on-Month |
|---|---|---|---|---|
James Hardie | 3.98% | 2.93% | 3.19% | |
Lotus Resources | 9.79% | 2.53% | 2.78% | |
Elevate Uranium | 2.74% | 2.02% | 1.76% | |
Bannerman Energy | 7.77% | 1.84% | 2.42% | |
Zip | 4.85% | 1.71% | 1.27% | |
Peninsula Energy | 4.43% | 1.68% | 1.65% | |
Deep Yellow | 13.22% | 1.61% | 1.06% | |
Aura Energy | 1.82% | 1.17% | 1.19% | |
Helia Group | 2.24% | 1.09% | 1.59% | |
Mineral Resources | 12.79% | 1.08% | 1.19% | |
Develop Global | 3.10% | 0.88% | 0.97% | |
Polynovo | 8.91% | 0.86% | 2.66% | |
Pilbara Minerals | 13.20% | 0.71% | 0.97% | |
Evolution Mining | 1.09% | 0.70% | 0.48% | |
Web Travel Group | 6.79% | 0.69% | 0.95% | |
Syrah Resources | 7.53% | 0.67% | -3.53% | |
Pinnacle Investment Management | 2.15% | 0.64% | 0.89% | |
Collins Foods | 2.82% | 0.62% | -0.10% | |
PWR Holdings | 6.07% | 0.61% | 0.88% | |
Whitehaven Coal | 5.73% | 0.61% | 1.71% | |
Liontown Resources | 10.66% | 0.58% | 0.11% | |
Ampol | 1.93% | 0.53% | 0.42% | |
Neuren Pharmaceuticals | 5.00% | 0.52% | 1.10% | |
Healius | 3.58% | 0.51% | 0.31% | |
Corporate Travel | 7.26% | 0.50% | 2.12% |
Key takeaways
James Hardie’s stock plummeted over 25% in late March after acquiring Azek, which Macquarie analysts call a strong growth asset but overvalued at ~6x price-to-book, diluting returns despite strategic appeal.
Short interest in uranium stocks broadened, hitting not only producers like Paladin and Boss but also explorers/developers such as Lotus Resources, Elevate Uranium, Bannerman Energy, and Peninsula Energy.
Most Covered
Key takeaways
Despite a tumbling market, short covering remains minimal
Cettire’s short interest easing from a March peak of 10.5%, supported by its U.S. sales (41% of 1H25) staying tariff-exempt under Trump’s recent tariffs
