SHORT SELLING

The 10 most shorted ASX stocks plus the biggest risers and fallers – Week 30

Short sellers lifted bearish bets against energy and gold stocks, while covering positions in names like James Hardie, Johns Lyng and Lynas.

Lead Writer
Mon 21 July 2025, 10:49 AEST
3 min read
The 10 most shorted ASX stocks plus the biggest risers and fallers – Week 30

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 7 and 14 July

  • Month-on-month changes between 16 June and 14 July

  • 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
Paladin Energy
16.89%
0.86%
1.49%
Boss Energy
14.32%
-0.75%
-5.18%
Mineral Resources
13.92%
0.08%
-0.67%
Pilbara Minerals
13.82%
0.59%
1.00%
Liontown Resources
12.14%
-0.45%
-0.49%
Idp Education
12.07%
0.59%
0.60%
Lifestyle Communities
11.57%
1.53%
1.61%
SILEX Systems
11.30%
0.09%
1.44%
Polynovo
11.07%
0.40%
0.44%
Corporate Travel Management
9.91%
0.38%
-0.01%

Key takeaways

  • Boss Energy's short interest continues to normalise, falling to its lowest level since December 2024, while Paladin's shorts have remained relatively stable around 15-17% since last November. Last week, E&P analysts observed that the "performance gap between Australian uranium majors Boss Energy and Paladin Energy has narrowed significantly. While Boss outperformed Paladin by 85% in the first half of 2025, it has underperformed by 23% since early June." The analysts attribute this reversal to portfolio flows, with Paladin returning to the S&P/ASX 100 index, and a rotation based on perceived relative value.

Rising Shorts

Ticker
Company
Short %
Week-on-Week
Month-on-Month
Ausgold
1.19%
~
~
Greatland Resources
0.86%
~
~
Clarity Pharmaceuticals
8.46%
1.81%
1.26%
Lifestyle Communities
11.57%
1.53%
1.61%
Vulcan Energy Resources
5.71%
1.30%
1.36%
Orora
4.00%
1.29%
0.75%
Appen
4.31%
1.18%
-0.17%
Monash Ivf Group
3.73%
1.01%
2.15%
Alkane Resources
3.06%
0.93%
1.71%
Bellevue Gold
6.45%
0.89%
1.66%
Paladin Energy
16.89%
0.86%
1.49%
Ramelius Resources
7.15%
0.81%
0.30%
Amcor Plc
1.59%
0.74%
0.31%
Beach Energy
3.35%
0.72%
0.26%
Novonix
5.97%
0.70%
0.59%
HMC Capital
1.83%
0.66%
0.89%
Viva Energy Group
5.95%
0.66%
0.63%
Idp Education
12.07%
0.59%
0.60%
Pilbara Minerals
13.82%
0.59%
1.00%
Magellan Financial Group
4.60%
0.58%
1.42%
Nanosonics
7.26%
0.54%
1.99%
Metcash
2.09%
0.54%
-0.49%
Accent Group
2.64%
0.53%
1.89%

Key takeaways

  • Ausgold and Greatland recorded short interest of less than 0.1% in the prior periods. We recorded this as no week-on-week or month-on-month changes.

  • Short sellers continue to pile into Lifestyle Communities following a 40% one-day selloff after VCAT ruled the deferred management fee in some of its contracts as void and unenforceable. Lifestyle is supposed to receive this fee when a resident sells or vacates their home, calculated as a percentage of the resale price.

  • Across the broader market, plenty of energy names (Paladin, Beach, Viva etc.) and gold stocks (Bellevue, Alkane, Greatland etc.) are seeing an uptick in short interest.

Most Covered

Ticker
Company
Short %
Week-on-Week
Month-on-Month
James Hardie
4.63%
-4.96%
-2.03%
Bannerman Energy
3.81%
-1.60%
-4.72%
Johns Lyng Group
4.99%
-1.19%
-1.51%
Spartan Resources
2.01%
-1.07%
-0.76%
Audinate Group
4.69%
-0.97%
-0.70%
Lynas Rare Earths
6.26%
-0.76%
-2.12%
Boss Energy
14.32%
-0.75%
-5.18%
Megaport
2.19%
-0.74%
-2.07%
Chalice Mining
4.96%
-0.73%
-1.16%
Platinum Asset Management
3.37%
-0.71%
-0.96%
Andean Silver
0.89%
-0.67%
-0.75%
Zip Co
4.81%
-0.63%
-0.39%
Domino's Pizza
5.51%
-0.52%
-4.23%
Nexgen Energy
0.27%
-0.51%
-0.35%
Capstone Copper Corp
0.84%
-0.50%
-0.07%

Key takeaways

  • James Hardie continues to see a sharp decline in short interest after the company successfully acquired Azek on July 1st.

  • Johns Lyng Group will also likely see short interest trend lower over the coming days and weeks after the company entered into a scheme implementation deed with Pacific Equity Partners at $4.00 per share.

  • Spartan will also see its short interest hit zero ahead of its takeover by Ramelius Resources. The stock will be suspended on July 22nd and removed from the S&P/ASX 200 prior to the open of trading on July 23rd.

  • Meanwhile, several other runners including Lynas, Megaport, Platinum Asset Management and Andean Silver are seeing a fall in short interest.

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