The 10 most shorted ASX stocks plus the biggest risers and fallers – Week 19
Short sellers piled into Generation Development Group and African gold miners, while covering bets against large cap miners.
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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 20 and 28 April 2026
Month-on-month changes between 10 March and 28 April 2026
Most covered and rising short tables record week-on-week changes of ~0.5% or more
Most Shorted
No major changes among the most shorted stocks. Guzman Y Gomez experienced a slight pullback, likely driven by a ~36% rally between 2-10 April after the company reported Australian Q3 comparable sales growth of 6.6% (vs. 5.1% est.) and reaffirmed its FY26 guidance. It'll be interesting to see how short interest evolves for Lotus Resources, which has been aggressively shorted all year. The stock suffered a 34% one-day decline on 30 April after it retracted previously reported mined grade, milled grade and recovery figures from its December 2025 quarter and earlier announcements, due to identified inconsistencies in laboratory sampling and assaying processes at Kayelekera.
Ticker | Company | Short % | Week-on-Week | Month-on-Month |
|---|---|---|---|---|
Telix Pharmaceuticals | 16.10% | -0.06% | 2.35% | |
Domino's Pizza | 15.48% | -0.07% | -0.54% | |
Polynovo | 14.29% | 0.29% | 1.59% | |
Treasury Wine Estates | 13.24% | 0.27% | -1.41% | |
Guzman Y Gomez | 12.08% | -1.81% | -1.41% | |
Zip | 11.76% | -0.14% | 4.35% | |
Flight Centre | 11.68% | -0.77% | 2.00% | |
Lotus Resources | 11.54% | 0.53% | 5.67% | |
Boss Energy | 11.45% | -0.11% | -1.31% | |
Droneshield | 11.39% | -0.15% | 1.74% |
Rising Shorts
Short interest in Generation Development Group has soared in recent months, from ~4% in late March to 9.40%. The stock suffered a 22.6% one-day selloff on 22 April, likely on the back of a quarterly update flagged as non-price sensitive, which showed $34.8 billion in funds under management at the end of the March quarter, up just 0.8% from the prior quarter. Other stocks and themes attracting short interest include gold (PDI, WAF), earnings downgrades (BAP, WOR), retail (BAP, MYR, UNI) and tech (4DX, CAR, DGT).
Ticker | Company | Short % | Week-on-Week | Month-on-Month |
|---|---|---|---|---|
Generation Development Group | 9.40% | 1.99% | 4.75% | |
Predictive Discovery | 2.15% | 1.25% | 1.50% | |
West African Resources | 1.65% | 1.21% | 0.70% | |
Bapcor | 9.50% | 1.15% | 0.38% | |
4DMedical | 5.31% | 1.10% | 5.01% | |
Megaport | 4.63% | 1.10% | 1.77% | |
Myer | 6.59% | 0.89% | 2.54% | |
Worley | 2.56% | 0.87% | 1.78% | |
Universal Store | 1.58% | 0.77% | 0.76% | |
AUB Group | 4.67% | 0.69% | 2.21% | |
CAR Group | 9.89% | 0.64% | 5.30% | |
Digico Infrastructure REIT | 6.96% | 0.64% | -0.77% | |
Imugene | 2.50% | 0.61% | -0.04% | |
Immutep | 1.93% | 0.53% | -0.19% | |
Lotus Resources | 11.54% | 0.53% | 5.67% |
Most Covered
A number of commodity-related plays are being covered, including oil and gas (BPT, WDS), gold (GMD, EVN, NST), lithium (PLS) and tech (TNE, HUB, PNI).
Ticker | Company | Short % | Week-on-Week | Month-on-Month |
|---|---|---|---|---|
Beach Energy | 4.89% | -3.62% | -1.15% | |
Genesis Minerals | 2.93% | -2.65% | -2.25% | |
Guzman Y Gomez | 12.08% | -1.81% | -1.41% | |
Sandfire Resources | 1.15% | -1.63% | -2.56% | |
PLS Group | 5.49% | -1.31% | -1.93% | |
Technology One | 1.95% | -1.29% | 0.45% | |
Cochlear | 4.66% | -1.06% | -0.38% | |
Evolution Mining | 2.53% | -1.04% | 0.81% | |
Woodside Energy | 2.12% | -0.91% | -1.91% | |
Flight Centre | 11.68% | -0.77% | 2.00% | |
Hub24 | 1.23% | -0.76% | -1.09% | |
Pinnacle Investment Management | 6.35% | -0.74% | -0.45% | |
Syrah Resources | 2.76% | -0.73% | -1.05% | |
Nick Scali | 3.58% | -0.70% | -0.09% | |
Bendigo Bank | 1.57% | -0.69% | -1.98% | |
Northern Star | 1.24% | -0.68% | 0.48% | |
Magellan Financial Group | 1.80% | -0.64% | -1.96% | |
Reliance Worldwide | 2.60% | -0.61% | -0.58% | |
Insignia Financial | 1.47% | -0.51% | -0.47% |
