SHORT SELLING

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

Defence names EOS and Droneshield hit record short interest, resource shorts climb, while Atlas Arteria and Qoria see their shorts unwind.

Lead Writer
Mon 20 July 2026, 11:04 AEST
3 min read
The 10 most shorted ASX stocks plus the biggest risers and fallers – Week 30

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 6 and 13 July 2026

  • Month-on-month changes between 15 June and 13 July 2026

  • Most covered and rising short tables record week-on-week changes of ~0.5% or more

Most Shorted

A slight reshuffling among the ranks, with Telix slipping from #4 to #6, while Treasury Wine Estates dropped out of the top ten and was replaced by Elders.

Ticker
Company
Short %
Week-on-Week
Month-on-Month
Lotus Resources
22.80%
-0.01%
-0.07%
Domino's Pizza
13.84%
-0.02%
-0.64%
Droneshield
12.84%
0.90%
1.07%
4DMedical
12.00%
0.52%
0.71%
Flight Centre
11.81%
0.38%
0.36%
Telix Pharmaceuticals
11.72%
-0.18%
-1.22%
Boss Energy
11.71%
-0.06%
-2.67%
CAR Group
11.63%
0.31%
-0.34%
Paladin Energy
11.48%
0.09%
0.71%
Elders
10.75%
0.54%
1.82%

Rising Shorts

Defence stocks are coming under shorting pressure, with short interest for both Electro Optic Systems and Droneshield sitting at record levels. Both have sold off aggressively in recent weeks, EOS down 43% from its 2 June record high and Droneshield off around 35% over the same period. Minerals 260 has seen its short interest spike from around 1.5% in mid-June to a record 4.66%, after the company released the PFS for its Bullabulling Gold Project in Western Australia. The stock fell 16.5% on the day (8 July) on concerns about capital intensity relative to prior expectations. Elsewhere, plenty of resource names including Genesis (set to merge with Vault Minerals), Develop Global, Firefly Metals and Vulcan Energy are seeing short interest rise against a volatile backdrop for commodity markets, with the S&P/ASX 200 Materials Index down 13.7% since its 17 June record high.

Ticker
Company
Short %
Week-on-Week
Month-on-Month
Electro Optic Systems
6.44%
1.78%
3.55%
Genesis Minerals
7.67%
1.18%
1.60%
Droneshield
12.84%
0.90%
1.07%
Minerals 260
4.66%
0.85%
3.21%
Clarity Pharmaceuticals
7.62%
0.84%
0.35%
G8 Education
5.88%
0.82%
0.30%
Jumbo Interactive
7.11%
0.67%
1.65%
Develop Global
4.70%
0.66%
0.68%
Firefly Metals
6.72%
0.66%
1.66%
Vulcan Energy Resources
6.96%
0.63%
1.08%
Orora
5.42%
0.60%
1.02%
Elders
10.75%
0.54%
1.82%
4DMedical
12.00%
0.52%
0.71%
James Hardie
4.14%
0.51%
1.12%

Most Covered

Atlas Arteria is seeing its short interest shrivel as suitor IFM lifts its voting power to 67.43%, effectively winning its four-year, $7.4 billion hostile pursuit of the toll road group at $5.10 a share. IFM now plans a full strategic review, with squeezing more value out of the Chicago Skyway, a 2022 acquisition it long opposed, as the top priority. Qoria has also seen its shorts fade after completing its merger with Aura, which debuted on the ASX earlier this month under the ticker AXQ.

Ticker
Company
Short %
Week-on-Week
Month-on-Month
Atlas Arteria
1.58%
-1.82%
0.16%
Qoria
1.87%
-1.25%
-1.72%
Guzman Y Gomez
9.25%
-1.24%
-3.29%
Iluka Resources
6.42%
-1.17%
-0.16%
Arafura Rare Earths
1.25%
-1.08%
-2.05%
Australian Clinical Labs
6.73%
-0.96%
-1.56%
Supply Network
3.58%
-0.86%
-1.13%
Centuria Capital Group
0.67%
-0.85%
-1.15%
Southern Cross Gold
2.98%
-0.85%
-0.73%
Megaport
2.81%
-0.70%
-3.10%
Fleetwood
0.28%
-0.64%
-0.69%
Resolute Mining
1.21%
-0.61%
0.27%
QUBE
0.52%
-0.61%
-0.09%
Accent Group
1.13%
-0.60%
-1.60%
Ingenia Communities
2.62%
-0.51%
0.27%
Beach Energy
8.09%
-0.51%
-1.66%
Generation Development Group
5.55%
-0.50%
-3.21%

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.

21/07/2026