SHORT SELLING

The 10 most shorted ASX stocks plus the biggest risers and fallers – Week 17

A handful of resources and growth stocks attracted an uptick in short interest last week, including Zip, Lotus Resources and Rio Tinto.

Lead Writer
Mon 20 Apr 2026, 15:09 AEST
3 min read
The 10 most shorted ASX stocks plus the biggest risers and fallers – Week 17

Source: Shutterstock

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 7 and 14 April 2026

  • Month-on-month changes between 10 March and 14 April 2026

  • Most covered and rising short tables record week-on-week changes of ~0.5% or more

Most Shorted

Short interest among consumer-facing stocks like Domino's Pizza, Guzman Y Gomez and Treasury Wine Estates remains elevated, while some growth-y names like Droneshield and Zip have also attracted an uptick in bearish bets. Zip will be an interesting to watch as the company reported a materially better-than-expected Q3 result on 17 April, which noted well-controlled US credit losses and beats across most key metrics. The stock rallied 13.6% on the day of the announcement.

Ticker
Company
Short %
Week-on-Week
Month-on-Month
Domino's Pizza
15.38%
0.05%
-0.64%
Telix Pharmaceuticals
13.89%
-0.71%
0.14%
Guzman Y Gomez
13.81%
0.15%
0.32%
Polynovo
13.71%
-0.28%
1.01%
Treasury Wine Estates
12.95%
0.44%
-1.70%
Flight Centre
12.89%
0.89%
3.21%
Droneshield
12.66%
1.19%
3.01%
Zip
12.51%
1.35%
5.10%
Boss Energy
11.47%
-0.27%
-1.29%
Lotus Resources
10.96%
1.26%
5.09%

Rising Shorts

More broadly, short interest has climbed across several themes including resources (Lotus, Aeris, Rio Tinto) and growth (Zip, Droneshield, Temple & Webster, Car Group). ACL has seen short interest climb to its highest since June 2024, with the share price also trading near those same lows. There have been no major catalysts recently, though its 1H26 result in February flagged softer pathology volumes, marginal market share losses and a full-year guidance downgrade. Meanwhile, Lotus has also been pressured by short sellers in recent months. The emerging uranium producer has dramatically underperformed peers, down 20% YTD vs. a bellwether name like Paladin Energy, which has rallied 37%. The company launched a $76 million capital raise back in February (25.3% discount to last close) for additional working capital, while processing operations at its Kayelekera Mine was recently halted for ~10 days following a fire.

Ticker
Company
Short %
Week-on-Week
Month-on-Month
Australian Clinical Labs
7.22%
1.62%
1.41%
Zip
12.51%
1.35%
5.10%
Lotus Resources
10.96%
1.26%
5.09%
Aeris Resources
3.28%
1.25%
2.08%
Droneshield
12.66%
1.19%
3.01%
EML Payments
3.49%
1.17%
1.24%
Temple & Webster Group
6.00%
1.16%
3.92%
Graincorp
3.07%
1.08%
1.75%
Siteminder
5.69%
1.02%
2.85%
Mayne Pharma Group
2.42%
0.99%
-0.48%
ARB Corporation
4.33%
0.97%
1.22%
CAR Group
8.03%
0.96%
3.44%
Orora
5.68%
0.95%
1.78%
Flight Centre Travel Group
12.89%
0.89%
3.21%
Select Harvests
1.88%
0.87%
0.19%
Nine Entertainment
4.57%
0.84%
2.43%
Healius
7.50%
0.82%
1.27%
Rio Tinto
7.10%
0.75%
1.21%
Mesoblast
8.98%
0.72%
1.22%
Fineos Corporation
0.91%
0.66%
0.04%
Generation Development Group
6.59%
0.61%
1.94%
Vicinity Centres
3.48%
0.60%
0.88%
G8 Education
3.03%
0.58%
-1.87%
IPH
9.81%
0.53%
0.77%
Rural Funds Group
4.90%
0.50%
-0.10%

Most Covered

It was a quieter week on the other side of the ledger, with bearish bets easing for lithium names PMET and Core Lithium, the high-flying 4DMedical, and beaten-down stocks like KMD and Insignia, the latter of which delisted last Friday after CC Capital Partners' takeover became legally effective.

Ticker
Company
Short %
Week-on-Week
Month-on-Month
Nanosonics
10.27%
-1.34%
-0.91%
Pmet Resources
1.19%
-0.90%
-0.40%
Core Lithium
0.58%
-0.88%
-2.68%
4DMedical
1.24%
-0.79%
0.94%
Dateline Resources
0.57%
-0.77%
0.53%
KMD Brands
0.06%
-0.76%
0.03%
Telix Pharmaceuticals
13.89%
-0.71%
0.14%
Predictive Discovery
1.72%
-0.50%
1.07%
Insignia Financial
1.71%
-0.50%
-0.23%

ABOUT THE AUTHOR

Lead Writer

Kerry holds a Bachelor of Commerce from Monash University. He is passionate about equity research and trading (swing and intraday), with a focus on breaking down market-related catalysts into clear, contextual insights and developing data-driven market biases.

05/06/2026