The 10 most shorted ASX stocks plus the biggest risers and fallers – Week 37
Short sellers are piling into Domino's Pizza, Flight Centre and other reporting season losers. Here's what you need to know.
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 25 August and 1 September
Month-on-month changes between 4 August and 1 September
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 |
|---|---|---|---|---|
Boss Energy | 20.05% | -1.71% | 0.64% | |
Paladin Energy | 17.66% | -0.66% | 0.15% | |
Pilbara Minerals | 16.22% | 0.76% | 1.19% | |
Idp Education | 13.83% | -0.32% | 1.41% | |
Polynovo | 12.04% | 0.00% | 0.50% | |
Mineral Resources | 11.81% | -0.03% | -0.53% | |
Cettire | 10.49% | 1.67% | 1.86% | |
PWR Holdings | 10.31% | 0.85% | 2.17% | |
Domino's Pizza | 10.06% | 3.02% | 4.03% | |
Corporate Travel Management | 9.80% | 0.00% | 0.92% |
Rising Shorts
Ticker | Company | Short % | Week-on-Week | Month-on-Month |
|---|---|---|---|---|
Domino's Pizza | 10.06% | 3.02% | 4.03% | |
Flight Centre | 8.25% | 2.75% | 2.73% | |
Patriot Battery Metals | 7.00% | 2.65% | 2.99% | |
Cettire | 10.49% | 1.67% | 1.86% | |
Deep Yellow | 9.49% | 1.31% | 1.13% | |
IPH | 5.52% | 1.20% | 3.79% | |
Droneshield | 2.67% | 1.19% | 0.98% | |
Guzman Y Gomez | 9.12% | 1.18% | 2.50% | |
Generation Development Group | 2.36% | 1.05% | 1.45% | |
Clinuvel Pharmaceuticals | 6.24% | 0.94% | 0.99% | |
Johns Lyng Group | 3.61% | 0.86% | -0.30% | |
PWR Holdings | 10.31% | 0.85% | 2.17% | |
Pilbara Minerals | 16.22% | 0.76% | 1.19% | |
Nick Scali | 5.23% | 0.63% | 0.07% | |
Web Travel Group | 3.19% | 0.60% | 0.43% | |
Monash Ivf Group | 7.38% | 0.56% | 2.87% | |
Treasury Wine Estates | 5.32% | 0.56% | 0.90% | |
Ramsay Health Care | 2.16% | 0.55% | 0.30% | |
Macquarie Technology Group | 2.41% | 0.55% | 0.49% |
Key takeaways
Domino’s Pizza: Short interest has spiked to the highest since June. FY25 results (announced 27 Aug) were broadly in-line, but a weak trading update and limited cost-saving commentary drove a 22% share drop. The average analyst target price was slashed by 14%, with concerns over balance sheet strength, leadership gaps, and execution risks in the turnaround.
Flight Centre: FY25 results met recently downgraded guidance, with Leisure performing well but Corporate weighed down by Asia losses. Management flagged a flat 1H26 amid macro and geopolitical pressures, though July trading showed improvement. The stock dipped 4.2%, with short interest now at its highest since August 2024.
Patriot Battery Metals: Short interest has surged to record highs, despite the company's relatively sound balance sheet, with C$82.8m in cash. Shorts may be using the company as a proxy for lithium price exposure.
Other reporting season targets: Short sellers are eyeing names like Cettire, IPH, Guzman Y Gomez, Johns Lyng, Monash IVF, and Macquarie Technology Group.
Most Covered
Ticker | Company | Short % | Week-on-Week | Month-on-Month |
|---|---|---|---|---|
Peninsula Energy | 2.05% | -3.87% | -3.14% | |
Lifestyle Communities | 9.41% | -2.11% | -2.32% | |
Novonix | 1.14% | -1.83% | -3.38% | |
Dicker Data | 0.40% | -1.78% | -1.28% | |
Boss Energy | 20.05% | -1.71% | 0.64% | |
Reece | 2.00% | -1.66% | -1.46% | |
Healius | 4.38% | -1.63% | -0.27% | |
Appen | 3.76% | -1.59% | -1.48% | |
Lake Resources | 0.49% | -1.22% | -0.07% | |
Skycity Entertainment Group | 2.52% | -1.14% | -0.66% | |
Strandline Resources | 0.26% | -1.07% | -1.09% | |
Kelsian Group | 1.92% | -1.06% | -1.33% | |
Siteminder | 2.41% | -1.04% | -0.93% | |
Sayona Mining | 1.09% | -0.97% | -1.29% | |
Sigma Healthcare | 2.05% | -0.94% | -1.07% | |
Orora | 2.81% | -0.80% | -1.43% | |
Syrah Resources | 2.59% | -0.71% | -2.62% | |
Bellevue Gold | 6.94% | -0.69% | -0.58% | |
Integral Diagnostics | 3.31% | -0.68% | -0.92% | |
Viva Energy Group | 4.94% | -0.66% | -0.83% | |
Paladin Energy | 17.66% | -0.66% | 0.15% | |
Elders | 4.46% | -0.63% | -0.51% | |
Lovisa Holdings | 3.21% | -0.56% | -0.81% | |
Adairs | 0.41% | -0.55% | -1.17% | |
Amaero | 0.06% | -0.52% | -0.12% | |
Liontown Resources | 6.33% | -0.50% | -6.81% |
Key takeaways
Peninsula Energy: Shorts taking profits after the stock resumed trading post a five-month suspension and a $69.9m equity raise at a 51.6% discount, rescuing it from near-voluntary administration.
Covering activity: Short sellers are covering positions in beaten-up unprofitable names such as Novonix, Lake Resources, Strandline Resources, Sayona Mining, as well as into reporting-season rallies like Kelsian, Siteminder, Sigma Healthcare, and Dicker Data.
