The 10 most shorted ASX stocks plus the biggest risers and fallers – Week 19
This week saw a slight easing of short interest among the most shorted names like Paladin Energy, Deep Yellow, IDP Education and more.
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 16 and 28 April 2025
Month-on-month changes between 24 March and 29 April 2025
Most covered and rising short tables record week-on-week changes of 0.5% or more
Most Shorted
Ticker | Company | Short % | Week-on-Week | Month-on-Month |
|---|---|---|---|---|
Boss Energy | 25.63% | -0.09% | 0.86% | |
Paladin Energy | 16.40% | -0.53% | 0.90% | |
Mineral Resources | 13.45% | 0.13% | 0.66% | |
Deep Yellow | 12.50% | -0.48% | -0.72% | |
Pilbara Minerals | 11.93% | -0.05% | -1.27% | |
Liontown Resources | 11.92% | -0.28% | 1.26% | |
Idp Education | 11.68% | -0.92% | -0.66% | |
Lotus Resources | 10.37% | -0.64% | 0.58% | |
Lifestyle Communities | 10.30% | -0.10% | 0.14% | |
Polynovo | 10.16% | -0.05% | 1.25% |
Key takeaways
This week saw a slight easing of short interest among the most shorted stocks
IDP experienced the largest week-on-week decline in short interest, though levels remain elevated; the stock surged 17% from April 24 to May 5.
Rising Shorts
Key takeaways
Mayne Pharma, which entered a scheme implementation deed with Cosette Pharmaceuticals on February 21 for $7.40 cash per share, saw its stock trade near this level but dip 3-4% in early April amid market weakness tied to Trump’s Liberation Day tariff announcements. Despite a trading update on April 22 projecting scheme completion by late June to early July 2025, the stock hovers around $7.00. If the deal proceeds as expected, investors could see ~5% upside over a 2-3 month period, making the recent uptick in short interest ahead of implementation puzzling
Most Covered
Ticker | Company | Short % | Week-on-Week | Month-on-Month |
|---|---|---|---|---|
Brainchip Holdings | 1.62% | -1.56% | -1.75% | |
Idp Education | 11.68% | -0.92% | -0.66% | |
Genesis Minerals | 6.10% | -0.66% | -1.03% | |
Lotus Resources | 10.37% | -0.64% | 0.58% | |
Bannerman Energy | 7.78% | -0.63% | 0.01% | |
Flight Centre Travel | 5.31% | -0.59% | -0.41% | |
The Star Entertainment | 8.21% | -0.59% | -1.00% | |
Paladin Energy | 16.40% | -0.53% | 0.90% | |
Droneshield | 4.78% | -0.51% | -0.70% |
Key takeaways
Short covering emerged in speculative pockets of the market, including Brainchip, The Star, and Droneshield, with most rallying from Liberation Day lows (except The Star).
Notable short covering fueled rallies in stocks like Paladin Energy (up 53% since its April 9 low) and Flight Centre (up 6.2% since mid-April, despite a recent earnings downgrade)
