The 10 most shorted ASX stocks plus the biggest risers and fallers – Week 20
Short sellers targeted a broad range of these last week, spanning uranium, energy and companies that downgraded earnings.
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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 28 April and 4 May 2026
Month-on-month changes between 7 April and 4 May 2026
Most covered and rising short tables record week-on-week changes of ~0.5% or more
Most Shorted
Telix held the most-shorted title for just one week before Domino's reclaimed it. Lotus Resources continues to see an aggressive build in short interest, up from around 9.7% a month ago. The stock experienced a 34% one-day selloff on 30 April after retracting mined grade, milled grade and recovery figures from its December 2025 quarter and earlier announcements, citing inconsistencies in laboratory sampling and assaying at Kayelekera. The narrative here is similar to Boss Energy and creates a rather challenged overhang.
Ticker | Company | Short % | Week-on-Week | Month-on-Month |
|---|---|---|---|---|
Domino's Pizza | 15.86% | 0.38% | 0.53% | |
Telix Pharmaceuticals | 15.57% | -0.53% | 0.97% | |
Lotus Resources | 15.11% | 3.57% | 5.41% | |
Polynovo | 14.33% | 0.04% | 0.34% | |
Guzman Y Gomez | 14.02% | 1.94% | 0.36% | |
Boss Energy | 13.31% | 1.86% | 1.57% | |
Treasury Wine Estates | 12.48% | -0.76% | -0.03% | |
Zip Co | 11.90% | 0.14% | 0.74% | |
Droneshield | 10.81% | -0.58% | -0.66% | |
Flight Centre | 10.70% | -0.98% | -1.30% |
Rising Shorts
The very long list of stocks with a week-on-week increase in short interest above 0.5%, spanning energy (BPT, WDS, ORG), uranium (LOT, BOE), lithium (PMT, PLS, CXO), copper (SFR, FFM, DVP), gold (GMD, EVN), funds management and administrators (PNI, HUB, GDG) and more. Several have flagged earnings downgrades in recent weeks, including Accent Group (down 12.9% on 4 May), G8 Education (down 31% on 29 April), Bank of Queensland (down 9% on 22 April) and Generation Development Group (down 22% on 22 April). Most have traded sideways or lower since the initial selloffs.
Ticker | Company | Short % | Week-on-Week | Month-on-Month |
|---|---|---|---|---|
Beach Energy | 8.69% | 3.80% | 0.78% | |
Lotus Resources | 15.11% | 3.57% | 5.41% | |
Genesis Minerals | 5.39% | 2.46% | 0.03% | |
Guzman Y Gomez | 14.02% | 1.94% | 0.36% | |
Boss Energy | 13.31% | 1.86% | 1.57% | |
G8 Education | 5.17% | 1.77% | 2.72% | |
Sandfire Resources | 2.77% | 1.62% | 0.18% | |
Firefly Metals | 4.83% | 1.38% | 1.61% | |
PMET Resources | 2.91% | 1.34% | 0.82% | |
Inghams Group | 8.74% | 1.32% | 0.92% | |
Bank of Queensland | 5.28% | 1.24% | 1.96% | |
Impedimed | 1.64% | 1.08% | 1.06% | |
PLS Group | 6.56% | 1.07% | -0.59% | |
Core Lithium | 1.89% | 0.97% | 0.43% | |
AUB Group | 5.61% | 0.94% | 1.79% | |
Develop Global | 4.78% | 0.92% | 0.53% | |
4DMedical | 6.23% | 0.92% | 4.20% | |
Magellan | 2.70% | 0.90% | 0.70% | |
Evolution Mining | 3.38% | 0.85% | 0.16% | |
Megaport | 5.46% | 0.83% | 1.47% | |
Technology One | 2.74% | 0.79% | 0.46% | |
Accent Group | 2.47% | 0.78% | 0.40% | |
Hub24 | 2.00% | 0.77% | -0.22% | |
Bendigo and Adelaide Bank | 2.28% | 0.71% | -0.02% | |
IPH | 9.76% | 0.63% | 0.48% | |
Woodside Energy Group | 2.74% | 0.62% | -0.63% | |
Origin Energy | 1.34% | 0.60% | 0.09% | |
Perpetual | 3.95% | 0.57% | 0.06% | |
Universal Store | 2.15% | 0.57% | 1.44% | |
Generation Development Group | 9.94% | 0.54% | 3.96% |
Most Covered
IDP's short interest has steadily unwound since mid-January, easing from around 13% to 8.7% by late April before dropping sharply to 4.2% between 27 and 29 April. The company has not released any market-sensitive news since its 1H26 result, yet the stock has kept trending lower and now down 51% year-to-date.
Ticker | Company | Short % | Week-on-Week | Month-on-Month |
|---|---|---|---|---|
IDP Education | 4.25% | -4.47% | -5.47% | |
Imugene | 1.35% | -1.15% | -0.47% | |
Flight Centre | 10.70% | -0.98% | -1.30% | |
WA1 Resources | 1.35% | -0.92% | -0.38% | |
Treasury Wine Estates | 12.48% | -0.76% | -0.03% | |
Predictive Discovery | 1.47% | -0.68% | -0.75% | |
Atlas Arteria | 1.77% | -0.66% | -0.79% | |
Cochlear | 4.06% | -0.60% | -1.43% | |
Droneshield | 10.81% | -0.58% | -0.66% | |
Greatland Resources | 1.16% | -0.53% | -0.92% | |
Telix Pharmaceuticals | 15.57% | -0.53% | 0.97% | |
Pinnacle Investment Management | 5.85% | -0.50% | -0.27% |
