The 10 most shorted ASX stocks plus the biggest risers and fallers – Week 9
Short sellers lifted bearish bets against Adairs ,AMP and Credit Corp, while covering winning positions in Lotus Resources.
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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 9 and 17 February 2026
Month-on-month changes between 20 January and 17 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 | 17.22% | -0.17% | 0.95% | |
Domino's Pizza | 15.72% | -0.40% | -1.60% | |
Guzman Y Gomez | 13.80% | 0.00% | 0.01% | |
Treasury Wine Estates | 13.74% | -0.70% | 0.79% | |
Telix Pharmaceuticals | 12.43% | -0.04% | 1.16% | |
Polynovo | 12.25% | 0.11% | 0.58% | |
IPH | 11.74% | 0.72% | 1.62% | |
IDP Education | 11.04% | -0.50% | -1.23% | |
Flight Centre | 10.63% | -0.40% | -0.45% | |
PWR Holdings | 10.12% | 0.04% | -0.53% |
Key takeaways
No major changes among the top shorted stocks
Rising Shorts
Key takeaways
Short sellers appear to have been targeting Adairs ahead of its 1H26 result, perhaps a reasonable bet given peer Nick Scali suffered a sharp 22% selloff on 13 February after missing market expectations. Instead, Adairs surged 10.5% on Monday after reporting a broadly in-line first half, with revenue up 4% to $329 million (1% ahead of estimates) and net profit of $18.8 million (a 3% miss). The standout was gross margin of 60.7%, well ahead of the company's own guidance of 59.0-59.5%. Short selling data for the following week will be worth watching.
AMP tumbled 26% on 12 February after its result revealed weaker-than-expected performances from its core platforms and superannuation/investments division. Despite how oversold the stock looks, short selling data through to 17 February shows bearish bets continuing to build. A brief 8.9% bounce the following day has since faded, with AMP now on a three-day losing streak and 5% away from the 12-Feb close.
Most Covered
Ticker | Company | Short % | Week-on-Week | Month-on-Month |
|---|---|---|---|---|
Lotus Resources | 5.29% | -2.24% | -1.48% | |
Sims | 0.82% | -1.35% | -0.65% | |
Nufarm | 1.11% | -1.15% | -1.56% | |
HMC Capital | 4.35% | -0.80% | -3.09% | |
Generation Development Group | 4.16% | -0.80% | -0.31% | |
Harvey Norman Holdings | 0.94% | -0.73% | -0.74% | |
Aurizon Holdings | 1.54% | -0.71% | -0.62% | |
Treasury Wine Estates | 13.74% | -0.70% | 0.79% | |
Steadfast Group | 3.74% | -0.64% | -0.97% | |
Life360 | 1.03% | -0.51% | -0.18% | |
IDP Education | 11.04% | -0.50% | -1.23% |
Key takeaways
Short sellers appear to be unwinding bearish bets on Lotus Resources. The company launched a $76 million capital raise on 5 February at $2.15 per share, a 25% discount to its last close. This may have caught some investors off guard given Lotus had recently entered production and was expected to reach steady-state output in the March quarter. The company said proceeds would fund completion of its acid plant and grid connection projects to optimise costs, as well as cover a typical five to six month uranium working capital cycle, with inventory pre-payment facilities also under negotiation to provide additional financial flexibility if needed.
