The 10 most shorted ASX stocks plus the biggest risers and fallers – Week 8
Short sellers piled into Credit Corp and Pinnacle after their 1H26 results, while shorters took profits on HMC and Web Travel Group.
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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 2 and 9 February 2026
Month-on-month changes between 12 January and 9 February 2026
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 | 17.39% | 0.75% | -2.30% | |
Domino's Pizza Enterprises | 16.12% | -0.84% | -1.57% | |
Treasury Wine Estates | 14.44% | 0.67% | 4.40% | |
Guzman Y Gomez | 13.80% | -0.26% | 0.11% | |
Telix | 12.47% | 0.53% | 1.22% | |
Polynovo | 12.14% | 0.09% | 0.55% | |
IDP Education | 11.54% | -0.18% | -0.88% | |
Flight Centre | 11.03% | -1.13% | 0.88% | |
IPH | 11.02% | 0.00% | 1.85% | |
PWR Holdings | 10.08% | -0.16% | -1.86% |
Key takeaways
No major changes among the top shorted stocks
Rising Shorts
Ticker | Company | Short % | Week-on-Week | Month-on-Month |
|---|---|---|---|---|
Credit Corp Group | 2.69% | 1.47% | 1.60% | |
Pinnacle Investment Management | 7.17% | 1.22% | 2.55% | |
Qoria | 2.94% | 0.96% | 1.20% | |
Catapult Sports | 5.78% | 0.93% | 2.00% | |
Droneshield | 9.44% | 0.89% | -1.67% | |
Nine Entertainment | 2.69% | 0.84% | 1.00% | |
Lynas Rare Earths | 9.65% | 0.82% | 3.39% | |
Sims | 2.17% | 0.76% | 0.40% | |
Boss Energy | 17.39% | 0.75% | -2.30% | |
Ora Banda Mining | 1.67% | 0.69% | 0.42% | |
Treasury Wine Estates | 14.44% | 0.67% | 4.40% | |
News Corporation | 1.47% | 0.66% | 0.77% | |
REA Group | 3.95% | 0.64% | 1.08% | |
Audinate Group | 5.78% | 0.63% | 0.72% | |
Accent Group | 6.58% | 0.58% | 1.51% | |
Electro Optic Systems Holdings | 1.49% | 0.56% | -0.65% | |
Nuix | 5.73% | 0.56% | 1.44% | |
NextDC | 7.97% | 0.55% | 1.86% | |
Xero | 1.37% | 0.54% | 0.36% | |
Telix | 12.47% | 0.53% | 1.22% | |
G8 Education | 4.66% | 0.51% | 1.01% | |
Adairs | 3.34% | 0.51% | 1.24% |
Key takeaways
Two of the earlier reporters (Credit Corp and Pinnacle) have seen a jump in short interest, despite reporting relatively different results (a beat for PNI and miss for CCP).
Credit Corp's 1H26 NPAT was flat year-on-year and around 10% below market expectations, driven by higher lending-related provisioning and marketing costs. While full-year guidance was reaffirmed, there was skepticism around meeting this target. Increased competitive pressure in the US was a key concern after CCP lost a forward flow contract due to pricing. The stock finished the session down 16.7% and continues to trend lower.
Pinnacle reported 13% funds under management growth to $202.5 billion, supported by record net inflows of $17.2 billion. Affiliate NPAT fell 7% year-on-year to $69.4 million, in line with market expectations. Post-earnings, Macquarie reiterated an Outperform rating and $25.25 target price, citing "an attractive organic growth outlook and potential to add accretive M&A. Outlook for organic performance is backed by net flows, performance fees, and operating leverage."
Most Covered
Ticker | Company | Short % | Week-on-Week | Month-on-Month |
|---|---|---|---|---|
HMC Capital | 5.15% | -2.43% | -1.99% | |
Web Travel Group | 0.64% | -1.72% | -1.39% | |
Flight Centre | 11.03% | -1.13% | 0.88% | |
Aussie Broadband | 1.07% | -0.90% | -1.13% | |
Domino's Pizza | 16.12% | -0.84% | -1.57% | |
Seek | 0.92% | -0.83% | -0.79% | |
Paladin Energy | 9.42% | -0.79% | -3.51% | |
Zip | 4.24% | -0.73% | -0.89% | |
Greatland Resources | 0.73% | -0.71% | -2.05% | |
Maas Group Holdings | 1.83% | -0.56% | -0.72% | |
Whitehaven Coal | 1.94% | -0.55% | -1.38% |
Key takeaways
HMC shorters may be taking profits after the stock experienced a sharp 12% selloff between 4-9 February and continues to spiral lower.
Web Travel Group experienced a 29.5% selloff on 6 February after announcing a Spanish tax audit. Most analysts believed the potential financial impact was likely immaterial, supported by management's reaffirmation of FY26 EBITDA guidance and a strong trading update, particularly in North America. The stock bounced 18.5% the next day. The announcement may have also triggered volatility among peer Flight Centre, which dipped 10.2% on the same day.
