The 10 most shorted ASX stocks plus the biggest risers and fallers – Week 29
Shorters cover Boss Energy bets and unwind bearish positions in Megaport, Zip and Neuren, while resource shorts build.
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 29 June and 6 July 2026
Month-on-month changes between 5 June and 6 July 2026
Most covered and rising short tables record week-on-week changes of ~0.5% or more
Most Shorted
No major changes among the top shorted stocks. Boss Energy saw a sizeable pullback, likely driven by its revised FY26 production guidance and expedited technical studies update on Friday 3 July, with the stock 7.1% higher on the day. The company produced 1.41 million lbs of uranium in FY26, meeting its revised 1.40-1.45 million lbs guidance, and has opted to proceed directly to a feasibility-level outcome at Honeymoon rather than producing two study documents within a short period as previously proposed. Macquarie lifted its target price 35% to $1.75 on the news, citing improved risk/reward given growing confidence in the technical work and likely outcomes from wider spaced wellfields, though it noted this must be demonstrated over time, with the late August update and September investor day potentially inspiring the market ahead of that.
Ticker | Company | Short % | Week-on-Week | Month-on-Month |
|---|---|---|---|---|
Lotus Resources | 22.81% | -0.01% | 2.87% | |
Domino's Pizza | 13.86% | -0.08% | -0.94% | |
Droneshield | 11.94% | 0.20% | -0.40% | |
Telix Pharmaceuticals | 11.90% | -0.33% | -2.90% | |
Boss Energy | 11.77% | -1.86% | -2.21% | |
4DMedical | 11.48% | 0.52% | 0.39% | |
Flight Centre Travel Group | 11.43% | 0.01% | 0.23% | |
Paladin Energy | 11.39% | -0.16% | 0.66% | |
CAR Group | 11.32% | -0.21% | -0.46% | |
Treasury Wine Estates | 10.92% | -0.15% | -1.71% |
Rising Shorts
Resource-related stocks saw a notable increase in short interest.
Elders drew shorters amid 'super' El Nino concerns.
Karoon Energy fell 38% between 12-26 June after a material production guidance downgrade at its Who Dat asset in the Gulf of Mexico, before recovering 9.1% on 29 June on the successful restart of the SPS-92 well at Baúna following replacement of a failed electrical submersible pump.
Higher-profile copper (Firefly), gold (Genesis Minerals, Predictive and Emerald Resources) and lithium (PLS Group) names also attracted more shorts.
Cochlear and the broader healthcare sector have staged a resurgence in recent weeks, with Cochlear up 34% between 3 June and 6 July, yet shorts kept building through the run, up 0.8% week-on-week to record highs.
Ticker | Company | Short % | Week-on-Week | Month-on-Month |
|---|---|---|---|---|
Elders | 10.21% | 1.01% | 0.69% | |
James Hardie | 3.63% | 0.97% | 0.93% | |
Karoon Energy | 4.66% | 0.88% | 1.57% | |
AGL Energy | 4.87% | 0.87% | 0.79% | |
Cochlear | 9.76% | 0.80% | 4.86% | |
Firefly Metals | 6.06% | 0.74% | 1.04% | |
Genesis Minerals | 6.49% | 0.65% | 0.47% | |
Ampol | 2.95% | 0.64% | 1.38% | |
Temple & Webster Group | 7.09% | 0.63% | -1.45% | |
PLS Group | 9.29% | 0.58% | -1.01% | |
Judo Capital | 3.25% | 0.57% | 0.79% | |
Peninsula Energy | 2.27% | 0.56% | 1.57% | |
Predictive Discovery | 3.53% | 0.54% | 2.45% | |
4DMedical | 11.48% | 0.52% | 0.39% | |
ARB Corp | 5.15% | 0.52% | 1.59% | |
Emerald Resources | 2.94% | 0.51% | 0.95% |
Most Covered
Magellan completed its previously announced merger with Barrenjoey on 1 July and will seek shareholder approval at the 22 October AGM to change its name to Barrenjoey Group and ticker to BJY from MFG. Elsewhere, bearish bets are unwinding in growth names like Megaport (up 210% since 10 April and 26% since its 1 June capital raising to fund growth), Zip (up 108% since its 20 March low) and Neuren (up 45% between 29-30 June). Plenty of previously sold-off names are rebounding, alongside Qantas on lower oil prices and a handful of odd rare earth names like Arafura and Iluka Resources.
Ticker | Company | Short % | Week-on-Week | Month-on-Month |
|---|---|---|---|---|
Boss Energy | 11.77% | -1.86% | -2.21% | |
Magellan Financial Group | 2.40% | -1.82% | 0.06% | |
Megaport | 3.51% | -1.49% | -2.28% | |
Abacus Storage King | 0.07% | -1.16% | -0.90% | |
Zip Co | 8.58% | -1.05% | -2.18% | |
Qantas Airways | 1.18% | -0.93% | -1.22% | |
Arafura Rare Earths | 2.33% | -0.88% | -0.50% | |
Perpetual | 2.67% | -0.83% | -1.39% | |
National Australia Bank | 1.04% | -0.78% | -0.60% | |
Neuren Pharmaceuticals | 4.95% | -0.68% | -1.56% | |
Siteminder | 4.14% | -0.63% | -2.57% | |
JB Hi-Fi | 2.61% | -0.62% | 0.61% | |
Aeris Resources | 2.00% | -0.60% | -0.81% | |
Iluka Resources | 7.59% | -0.59% | 0.23% | |
Centuria Capital Group | 1.52% | -0.59% | -0.39% | |
Stockland | 3.10% | -0.51% | 1.59% |
