Short Selling

Short Selling Icon

ASX Short Sale Positions

Daily update on all companies

Background

The goal of this page is to better inform ASX investors of short selling in the market.

Although short position data does not provide tradable signals, a large increase or decrease in a company’s short positions can be an early indicator of changing investor sentiment. It can also be used to uncover what the “professional money” is doing.

To see how short selling allows investors to profit from a falling market, read the "What is Short Selling?" tutorial under the table.



Short Sale Data

Short sale data shows the amount of shares on issue currently reported as short sold.

The data is four trading days behind today's date as reporting isn’t mandatory until 9am (Sydney) three business days (T+3) post trade.

Since June 2010 the Australian Securities and Investments Commission (ASIC) has required all stockbrokers to report their total short sale positions daily. This information is released four business days (T+4) after the trade on ASIC’s website.

The Australian Securities Exchange (ASX) publishes a list of short sale transactions reported on the most recent trading day.

Open ASX Short Positions

Data: 14 Nov 2017

Code Company Short Week Mvt Days to Cover
1 SYR Syrah Resources Limited 20.89% -0.29% 25.8
2 IGO Independence Group NL 19.59% -0.27% 34.8
3 DMP Domino's Pizza Enterprises Limited 16.83% +0.26% 54.0
4 JBH JB Hi-fi Limited 15.79% +1.52% 21.0
5 HSO Healthscope Limited 14.83% +1.32% 36.8
6 RFG Retail Food Group Limited 12.4% +1.17% 53.2
7 WSA Western Areas Limited 11.04% -0.25% 17.4
8 MTS Metcash Limited 10.85% +0.03% 45.7
9 ACX Aconex Limited 10.78% +2.18% 43.2
10 AAD Ardent Leisure Group Stapled 10.46% -0.05% 36.0
11 MYR Myer Holdings Limited 10.3% -0.27% 39.3
12 APO Apn Outdoor Group Limited 10.21% +0.83% 32.4
13 ORE Orocobre Limited 9.86% -0.33% 5.7
14 HVN Harvey Norman Holdings Limited 9.42% -0.42% 31.5
15 MYX Mayne Pharma Group Limited 9.1% -0.32% 14.9
16 SHV Select Harvests Limited 9.03% -0.16% 32.7
17 HT1 Ht&e Limited 9.03% +0.26% 37.5
18 FLT Flight Centre Travel Group Limited 8.59% -0.01% 24.9
19 JHC Japara Healthcare Limited 8.59% +0.25% 30.9
20 RIO RIO Tinto Limited 8.55% +0.41% 12.9
21 NWS News Corporation. B Voting 8.49% +0.15% 15.7
22 VOC Vocus Group Limited 8.44% +1.43% 16.1
23 QIN Quintis LTD 8.36% +0.63% 0.0
24 GXY Galaxy Resources Limited 8.24% -0.42% 7.8
25 NXT Nextdc Limited 8.05% +0.53% 20.0
26 TPM TPG Telecom Limited 7.84% -0.04% 53.2
27 NSR National Storage Reit Stapled 7.22% -0.05% 31.6
28 GXL Greencross Limited 7.09% -0.07% 20.9
29 GTY Gateway Lifestyle Group Stapled 7.02% +0.14% 18.6
30 SEK Seek Limited 6.91% -0.21% 32.3
31 MND Monadelphous Group Limited 6.87% -1.17% 18.3
32 MYO Myob Group Limited 6.79% +0.01% 23.2
33 BEN Bendigo And Adelaide Bank Limited 6.42% +0.22% 17.0
34 BAP Bapcor Limited 6.39% +0.13% 21.2
35 ING Inghams Group Limited 6.27% +0.77% 46.9
36 ISD Isentia Group Limited 6.27% +0.26% 15.9
37 AHG Automotive Holdings Group Limited 6.26% -0.17% 16.5
38 AAC Australian Agricultural Company Limited 6.06% +0.13% 9.9
39 CSR CSR Limited 5.86% +0.19% 15.6
40 BKL Blackmores Limited 5.81% -0.64% 10.9
41 SUL Super Retail Group Limited 5.77% +0.50% 17.3
42 TAH Tabcorp Holdings Limited 5.7% -0.10% 8.5
43 KAR Karoon Gas Australia Limited 5.65% -0.14% 26.1
44 IPD Impedimed Limited 5.58% +0.28% 15.2
45 MOC Mortgage Choice Limited 5.57% +0.99% 58.1
46 AWE AWE Limited 5.53% +1.58% 13.5
47 WHC Whitehaven Coal Limited 5.49% +0.10% 15.7
48 NEC Nine Entertainment Co. Holdings Limited 5.43% -0.18% 17.1
49 PRU Perseus Mining Limited 5.27% -0.17% 13.7
50 ABC Adelaide Brighton Limited 5.23% +0.27% 32.9
51 QUB Qube Holdings Limited 5.01% -0.05% 37.9
52 WOW Woolworths Limited 4.94% +0.05% 35.1
53 GMA Genworth Mortgage Insurance Australia Limited 4.86% -0.46% 20.4
54 SAR Saracen Mineral Holdings Limited 4.85% -0.47% 9.7
55 WFD Westfield Corporation Stapled 4.73% +0.21% 19.3
56 RWC Reliance Worldwide Corporation Limited 4.72% +0.32% 23.8
57 RCG RCG Corporation Limited 4.62% -0.03% 58.3
58 LNG Liquefied Natural Gas Limited 4.53% +0.22% 8.3
59 PLS Pilbara Minerals Limited 4.52% +0.34% 5.7
60 SDA Speedcast International Limited 4.5% 0.00% 6.1
61 FXL Flexigroup Limited 4.5% -0.24% 20.9
62 CAB Cabcharge Australia Limited 4.5% -0.04% 16.5
63 BGA Bega Cheese Limited 4.49% -0.03% 19.6
64 SGM Sims Metal Management Limited 4.44% +0.25% 7.7
65 SRX Sirtex Medical Limited 4.44% +0.21% 9.5
66 IFL Ioof Holdings Limited 4.41% -0.65% 15.4
67 PMV Premier Investments Limited 4.34% +0.28% 25.0
68 BDR Beadell Resources Limited 4.32% +0.10% 23.5
69 CLH Collection House Limited 4.21% 0.00% 23.1
70 PRY Primary Health Care Limited 4.21% +0.62% 15.6
71 VRT Virtus Health Limited 4.18% +0.06% 16.8
72 CCP Credit Corp Group Limited 4.16% -0.77% 15.4
73 OFX OFX Group Limited 4.13% +0.26% 13.2
74 VTG Vita Group Limited 4.13% -0.01% 8.8
75 BWX BWX Limited 4.09% +0.61% 9.9
76 FMG Fortescue Metals Group LTD 4.07% +0.07% 7.7
77 TOX TOX Free Solutions Limited 4.06% +0.07% 38.3
78 CQR Charter Hall Retail Reit Unit 3.92% -0.13% 18.6
79 IRE Iress Limited 3.84% +0.25% 13.8
80 NAN Nanosonics Limited 3.81% +0.31% 22.3
81 IMF IMF Bentham Limited 3.81% +0.31% 40.7
82 SXY Senex Energy Limited 3.74% +0.15% 28.4
83 SCP Shopping Centres Australasia Property Group Stapled 3.61% -0.48% 17.9
84 NVT Navitas Limited 3.56% -0.32% 22.6
85 DCN Dacian Gold Limited 3.48% -0.04% 12.1
86 BLD Boral Limited 3.43% +0.04% 15.7
87 TGR Tassal Group Limited 3.42% +0.06% 14.6
88 AYS Amaysim Australia Limited 3.4% +0.18% 24.3
89 SFR Sandfire Resources NL 3.4% -0.43% 4.8
90 IPH IPH Limited 3.39% -0.03% 12.7
91 WGX Westgold Resources Limited 3.33% +0.08% 23.2
92 PPT Perpetual Limited 3.32% +0.22% 8.8
93 STO Santos Limited 3.32% -0.19% 3.7
94 MRM Mma Offshore Limited 3.3% +0.01% 6.7
95 ANN Ansell Limited 3.27% 0.00% 9.5
96 GOR Gold Road Resources Limited 3.27% +0.01% 30.4
97 RHC Ramsay Health Care Limited 3.25% +0.14% 11.3
98 AWC Alumina Limited 3.23% +0.29% 7.7
99 TEN TEN Network Holdings Limited 3.21% +0.07% 0.0
100 A2M The A2 Milk Company Limited NZ 3.17% -0.03% 5.4
101 BOQ Bank of Queensland Limited 3.08% +0.36% 9.5
102 CWN Crown Resorts Limited 3.01% +0.12% 16.9
103 RSG Resolute Mining Limited 2.94% -0.07% 5.0
104 ARB ARB Corporation Limited 2.93% +0.25% 20.5
105 CAT Catapult Group International LTD 2.93% +0.03% 16.0
106 FBU Fletcher Building Limited NZX 2.92% +0.15% 28.0
107 CSV CSG Limited 2.9% +0.15% 74.4
108 PTM Platinum Asset Management Limited 2.85% -0.22% 13.2
109 VRL Village Roadshow Limited 2.83% +0.35% 52.7
110 IVC Invocare Limited 2.83% 0.00% 14.9
111 EVN Evolution Mining Limited 2.8% +0.29% 6.6
112 AMP AMP Limited 2.74% -0.03% 17.2
113 SIG Sigma Healthcare Limited 2.74% +0.02% 10.6
114 CTD Corporate Travel Management Limited 2.73% 0.00% 11.8
115 COE Cooper Energy Limited 2.7% +0.07% 15.7
116 AHY Asaleo Care Limited 2.7% +0.18% 16.0
117 SLC Superloop Limited 2.63% +0.05% 22.9
118 PDN Paladin Energy LTD 2.59% 0.00% 0.0
119 BAL Bellamy's Australia Limited 2.58% -0.22% 8.1
120 SCO Scottish Pacific Group Limited 2.56% -0.05% 31.6
121 API Australian Pharmaceutical Industries Limited 2.51% 0.00% 6.0
122 MGR Mirvac Group Stapled 2.45% +0.06% 10.8
123 GEM G8 Education Limited 2.42% -0.03% 12.1
124 MSB Mesoblast Limited 2.39% -0.48% 5.0
125 QBE QBE Insurance Group Limited 2.39% +0.08% 9.3
126 IPL Incitec Pivot Limited 2.39% -0.27% 4.6
127 WPL Woodside Petroleum Limited 2.34% -0.86% 1.0
128 SKI Spark Infrastructure Group Forus 2.29% +0.04% 8.4
129 NST Northern Star Resources LTD 2.24% -0.89% 6.7
130 OZL Oz Minerals Limited 2.22% +0.25% 3.8
131 BIN Bingo Industries Limited 2.22% +0.08% 19.3
132 PGH Pact Group Holdings LTD 2.19% -0.01% 14.2
133 SKC Skycity Entertainment Group Limited NZX 2.18% -0.01% 22.5
134 ARI A.c.n. 004 410 833 Limited 2.15% 0.00% 0.0
135 WOR Worleyparsons Limited 2.11% +0.14% 6.2
136 REA REA Group LTD 2.08% -0.05% 10.2
137 CMW Cromwell Property Group Stapled 2.06% +0.07% 14.6
138 AGI Ainsworth Game Technology Limited 2.03% +0.09% 16.2
139 REG Regis Healthcare Limited 2% -0.88% 14.6
140 BPT Beach Energy Limited 1.98% +0.51% 5.5
141 AMA AMA Group Limited 1.97% +0.06% 13.2
142 GOZ Growthpoint Properties Australia Stapled 1.91% +0.04% 29.6
143 JHX James Hardie Industries PLC Cdi 1:1 1.91% -0.21% 5.1
144 DLX Duluxgroup Limited 1.9% +0.37% 2.5
145 BWP BWP Trust Ord Units 1.87% -0.11% 16.5
146 CAR Carsales.com Limited 1.86% 0.00% 7.3
147 SIV Silver Chef Limited 1.85% -0.08% 14.9
148 SNZ Summerset Group Holdings Limited NZX 1.8% 0.00% 615.9
149 SEA Sundance Energy Australia Limited 1.77% +0.09% 3.8
150 BBN Baby Bunting Group Limited 1.77% -0.19% 3.7
151 CGF Challenger Limited 1.75% +0.10% 8.8
152 TRS The Reject Shop Limited 1.74% -0.13% 5.4
153 VCX Vicinity Centres Stapled 1.72% +0.08% 10.1
154 WES Wesfarmers Limited 1.69% +0.02% 11.5
155 OML Ooh!media Limited 1.67% +0.07% 4.5
156 NTC Netcomm Wireless Limited 1.66% +0.02% 10.7
157 BHP BHP Billiton Limited 1.65% +0.05% 7.8
158 MFG Magellan Financial Group Limited 1.62% -0.06% 7.6
159 NHF Nib Holdings Limited 1.6% -0.05% 9.7
160 AOG Aveo Group Stapled 1.6% +0.16% 4.6
161 DRM Doray Minerals Limited 1.57% -0.03% 22.2
162 OSP Osprey Medical Inc Cdi Forus 1.56% 0.00% 43.9
163 CYB CYBG PLC Cdi 1:1 1.54% +0.02% 6.3
164 WBC Westpac Banking Corporation 1.54% +0.04% 9.3
165 ASX ASX Limited 1.48% 0.00% 8.9
166 DOW Downer Edi Limited 1.48% -0.03% 5.2
167 SHL Sonic Healthcare Limited 1.47% 0.00% 6.4
168 HFR Highfield Resources Limited 1.47% -0.01% 30.6
169 APA APA Group Stapled 1.43% -0.04% 7.7
170 CCL Coca-cola Amatil Limited 1.42% +0.13% 7.8
171 AST Ausnet Services Limited 1.41% +0.06% 7.3
172 SEH Sino Gas & Energy Holdings Limited 1.36% -0.04% 4.9
173 TCL Transurban Group Stapled 1.35% -0.11% 8.5
174 RMS Ramelius Resources Limited 1.34% -0.01% 7.6
175 EHE Estia Health Limited 1.31% -0.03% 4.2
176 S32 SOUTH32 Limited 1.31% 0.00% 2.8
177 CHC Charter Hall Group Forus 1.31% +0.09% 4.4
178 FAR FAR Limited 1.3% +0.01% 22.8
179 BXB Brambles Limited 1.3% +0.16% 6.0
180 SPL Starpharma Holdings Limited 1.22% +0.03% 9.7
181 SKT SKY Network Television Limited NZ 1.2% +0.11% 6.0
182 MLX Metals X Limited 1.18% 0.00% 2.7
183 TGA Thorn Group Limited 1.18% +0.13% 5.6
184 NUF Nufarm Limited 1.16% -0.20% 4.6
185 RRL Regis Resources Limited 1.14% +0.10% 3.0
186 KDR Kidman Resources Limited 1.11% +0.05% 0.7
187 WEB Webjet Limited 1.09% +0.24% 2.6
188 BRU Buru Energy Limited 1.08% -0.01% 6.5
189 CWY Cleanaway Waste Management Limited 1.06% +0.14% 5.7
190 TNE Technology One Limited 1.06% -0.14% 6.5
191 CPU Computershare Limited 1.05% -0.07% 2.6
192 ABP Abacus Property Group Stapled 1.05% -0.02% 4.7
193 MGX Mount Gibson Iron Limited 1.05% -0.02% 8.5
194 ERA Energy Resources of Australia Limited 'a' 1.03% -0.03% 14.8
195 AFG Australian Finance Group LTD 1.01% -0.09% 11.8
196 FWD Fleetwood Corporation Limited 0.98% 0.00% 19.5
197 TRY Troy Resources Limited 0.97% +0.01% 11.1
198 KCN Kingsgate Consolidated Limited 0.97% -0.09% 5.3
199 MQA Macquarie Atlas Roads Group Stapled 0.96% -0.13% 4.3
200 ELD Elders Limited 0.96% -0.11% 1.4
201 VVR Viva Energy Reit Stapled 0.94% +0.06% 6.3
202 SWM Seven West Media Limited 0.93% +0.26% 9.5
203 BLA Blue SKY Alternative Investments Limited 0.92% +0.28% 5.2
204 1PG 1-PAGE Limited 0.9% 0.00% 0.0
205 ECX Eclipx Group Limited 0.9% +0.66% 3.9
206 SGR The Star Entertainment Group Limited 0.9% +0.14% 2.3
207 MIN Mineral Resources Limited 0.9% +0.17% 1.4
208 AQG Alacer Gold Corp Cdi 1:1 0.88% -0.16% 7.0
209 CBA Commonwealth Bank of Australia 0.88% -0.01% 7.0
210 MPL Medibank Private Limited 0.87% +0.09% 4.1
211 BTT BT Investment Management Limited 0.86% +0.04% 2.8
212 TWE Treasury Wine Estates Limited 0.86% -0.04% 3.0
213 IAG Insurance Australia Group Limited 0.84% +0.21% 2.6
214 FNP Freedom Foods Group Limited 0.8% +0.06% 24.4
215 BKW Brickworks Limited 0.8% +0.07% 7.9
216 ALL Aristocrat Leisure Limited 0.8% +0.16% 3.5
217 INA Ingenia Communities Group Stapled 0.79% +0.02% 5.7
218 ORI Orica Limited 0.79% +0.25% 1.8
219 NUH Nuheara Limited 0.78% -0.06% 2.4
220 LLC Lendlease Group Stapled 0.78% +0.20% 3.0
221 GNC Graincorp Limited 0.78% -0.02% 3.1
222 ANZ Australia And New Zealand Banking Group Limited 0.77% +0.13% 4.2
223 SCG Scentre Group Stapled 0.76% -0.07% 5.2
224 GPT GPT Group Stapled 0.75% +0.09% 4.2
225 OSH Oil Search Limited 10T 0.75% -0.12% 1.9
226 CTX Caltex Australia Limited 0.73% -0.06% 2.6
227 FXJ Fairfax Media Limited 0.73% +0.43% 0.7
228 APT Afterpay Touch Group Limited 0.71% +0.09% 0.9
229 DXS Dexus Stapled 0.7% +0.07% 3.6
230 LYC Lynas Corporation Limited 0.69% +0.11% 1.7
231 AZJ Aurizon Holdings Limited 0.69% +0.05% 3.3
232 NAB National Australia Bank Limited 0.69% -0.39% 3.2
233 CGC Costa Group Holdings Limited 0.67% +0.30% 1.2
234 GBT GBST Holdings Limited 0.66% -0.02% 6.4
235 WPG WPG Resources LTD 0.66% 0.00% 3.4
236 ASL Ausdrill Limited 0.66% -0.08% 3.2
237 GWA GWA Group Limited 0.66% +0.01% 3.5
238 WND Windlab Limited 0.65% 0.00% 5.5
239 MGC MG Unit Trust Units 0.64% 0.00% 0.9
240 TTS Tatts Group Limited 0.63% -0.03% 4.4
241 IFN Infigen Energy Stapled 0.62% +0.29% 2.7
242 AGL AGL Energy Limited 0.62% -0.02% 2.5
243 NCM Newcrest Mining Limited 0.62% +0.04% 2.7
244 SPK Spark New Zealand Limited NZX 0.61% 0.00% 8.6
245 CLW Charter Hall Long Wale Reit Stapled 0.61% -0.10% 3.6
246 CL1 Class Limited 0.6% +0.32% 2.3
247 BSL Bluescope Steel Limited 0.59% -0.02% 1.4
248 HSN Hansen Technologies Limited 0.59% +0.05% 4.8
249 ILU Iluka Resources Limited 0.58% -0.28% 1.2
250 CGR CML Group Limited 0.57% 0.00% 2.6
251 ASG Autosports Group Limited 0.57% 0.00% 140.9
252 KGN Kogan.com LTD 0.56% +0.03% 0.7
253 SLK Sealink Travel Group Limited 0.56% -0.02% 5.9
254 RMD Resmed Inc Cdi 10:1 0.55% +0.04% 5.3
255 JHG Janus Henderson Group PLC Cdi 1:1 0.55% +0.13% 1.2
256 TME Trade Me Group Limited NZX 0.55% +0.01% 2.2
257 COH Cochlear Limited 0.54% -0.07% 2.0
258 WPP WPP Aunz LTD 0.52% -0.05% 9.2
259 IEL Idp Education Limited 0.49% 0.00% 8.1
260 CLQ Clean Teq Holdings Limited 0.49% +0.16% 1.7
261 QAN Qantas Airways Limited 0.49% +0.14% 0.6
262 TLS Telstra Corporation Limited 0.48% -0.07% 2.3
263 GUD G.u.d. Holdings Limited 0.48% +0.08% 1.8
264 SYD Sydney Airport Forus 0.48% -0.06% 2.4
265 ASB Austal Limited 0.45% +0.01% 11.9
266 MRP Macphersons Resources Limited 0.44% +0.15% 6.4
267 FBR Fastbrick Robotics LTD 0.44% +0.01% 0.9
268 S2R S2 Resources LTD 0.44% +0.01% 12.5
269 AMC Amcor Limited 0.43% -0.02% 1.1
270 RBL Redbubble Limited 0.43% 0.00% 1.3
271 WTC Wisetech Global Limited 0.43% +0.01% 3.9
272 BLK Blackham Resources Limited 0.41% -0.01% 0.0
273 NVL National Veterinary Care LTD 0.4% -0.02% 4.9
274 ACR Acrux Limited 0.4% 0.00% 0.6
275 SUN Suncorp Group Limited 0.4% -0.01% 2.6
276 BBG Billabong International Limited 0.4% 0.00% 11.2
277 GMG Goodman Group Stapled 0.4% -0.02% 2.4
278 EWC Energy World Corporation LTD 0.38% +0.11% 15.0
279 LNK Link Administration Holdings Limited 0.36% -0.03% 1.4
280 ZEL Z Energy Limited NZX 0.36% -0.01% 59.2
281 MMS Mcmillan Shakespeare Limited 0.35% +0.02% 1.2
282 ORG Origin Energy Limited 0.34% -0.09% 1.2
283 RFF Rural Funds Group Stapled 0.34% 0.00% 2.1
284 ORA Orora Limited 0.34% +0.06% 1.2
285 RAP Resapp Health Limited 0.33% 0.00% 0.9
286 VAH Virgin Australia Holdings Limited 0.33% -0.01% 6.9
287 EDE Eden Innovations LTD 0.33% +0.01% 1.9
288 IMD Imdex Limited 0.32% +0.02% 3.7
289 APX Appen Limited 0.31% 0.00% 1.1
290 SXL Southern Cross Media Group Limited 0.31% +0.09% 1.1
291 ALQ Als Limited 0.31% 0.00% 1.3
292 MNS Magnis Resources Limited 0.31% 0.00% 1.1
293 SGP Stockland Stapled 0.29% 0.00% 1.6
294 DNA Donaco International Limited 0.29% +0.05% 8.2
295 CKF Collins Foods Limited 0.29% 0.00% 1.3
296 MTR Mantra Group Limited 0.29% -0.01% 0.7
297 IRI Integrated Research Limited 0.27% +0.27% 1.3
298 POH Phosphagenics Limited 0.27% +0.15% 3.6
299 BUB Bubs Australia Limited 0.27% +0.24% 0.1
300 SVW Seven Group Holdings Limited 0.25% -0.01% 1.5
301 ACO Australian Careers Network Limited 0.25% 0.00% 0.0
302 MML Medusa Mining Limited 0.25% -0.14% 1.1
303 MQG Macquarie Group Limited 0.25% -0.02% 1.3
304 CNU Chorus Limited NZX 0.25% +0.01% 1.9
305 IDR Industria Reit Stapled 0.25% 0.00% 2.1
306 LEP Ale Property Group Stapled 0.24% 0.00% 10.3
307 DRG Draig Resources Limited 0.24% +0.24% 0.1
308 ADH Adairs Limited 0.24% -0.01% 1.6
309 CSL CSL Limited 0.23% 0.00% 1.7
310 BRG Breville Group Limited 0.23% +0.01% 2.2
311 RIC Ridley Corporation Limited 0.23% +0.01% 2.6
312 EHL Emeco Holdings Limited 0.22% -0.03% 0.7
313 EXU Explaurum Limited 0.22% 0.00% 1.0
314 SDF Steadfast Group Limited 0.22% +0.04% 1.0
315 GPR Geopacific Resources LTD 0.22% +0.02% 5.6
316 YOW Yowie Group LTD 0.21% -0.01% 0.5
317 AC8 Auscann Group Holdings LTD 0.21% 0.00% 0.1
318 SOL Washington H Soul Pattinson & Company Limited 0.2% +0.04% 1.4
319 FPH Fisher & Paykel Healthcare Corporation Limited NZX 0.2% 0.00% 2.6
320 SHJ Shine Corporate LTD 0.2% -0.01% 1.3
321 AGO Atlas Iron Limited 0.19% 0.00% 0.8
322 AUZ Australian Mines Limited 0.19% +0.19% 0.1
323 SLR Silver Lake Resources Limited 0.19% -0.06% 0.9
324 CDV Cardinal Resources Limited 0.19% +0.01% 5.4
325 9SP 9 Spokes International Limited NZ 0.18% 0.00% 5.0
326 CWP Cedar Woods Properties Limited 0.18% 0.00% 1.9
327 MPP Metro Performance Glass Limited NZX 0.18% -0.05% 154.1
328 MLD Maca Limited 0.18% +0.04% 0.3
329 ALK Alkane Resources Limited 0.18% -0.01% 1.1
330 INM Iron Mountain Incorporated Cdi 1:1 0.17% +0.03% 2.6
331 RCR RCR Tomlinson Limited 0.17% 0.00% 0.2
332 MVF Monash Ivf Group Limited 0.17% 0.00% 1.1
333 BLT Benitec Biopharma Limited 0.17% -0.03% 2.5
334 GTN GTN Limited 0.16% 0.00% 43.3
335 FET Folkestone Education Trust Unit 0.16% 0.00% 1.7
336 SBM ST Barbara Limited 0.16% -0.01% 0.4
337 LCT Living Cell Technologies Limited 0.16% +0.16% 0.2
338 ALU Altium Limited 0.16% +0.04% 0.3
339 CMA Centuria Metropolitan Reit Ord Unit 0.15% 0.00% 4.2
340 PMP PMP Limited 0.15% 0.00% 1.3
341 MOE Moelis Australia Limited 0.15% -0.01% 1.1
342 CDD Cardno Limited 0.15% 0.00% 2.9
343 OGC Oceanagold Corporation Cdi 1:1 0.15% 0.00% 4.9
344 PTL Pental Limited 0.15% +0.01% 8.4
345 VLW Villa World Limited 0.14% 0.00% 0.9
346 SVL Silver Mines Limited 0.14% +0.01% 1.0
347 MOD MOD Resources Limited 0.13% 0.00% 0.5
348 CIM Cimic Group Limited 0.13% +0.04% 1.5
349 NWH NRW Holdings Limited 0.13% +0.08% 0.4
350 SRV Servcorp Limited 0.13% +0.08% 0.5
351 BVS Bravura Solutions Limited 0.13% +0.13% 0.8
352 IOF Investa Office Fund Stapled 0.12% +0.01% 0.5
353 AJM Altura Mining Limited 0.12% +0.08% 0.2
354 AVN Aventus Retail Property Fund Unit 0.11% 0.00% 1.5
355 FYA Fortune Asia Group LTD 0.11% 0.00% 2.2
356 3PL 3P Learning Limited. 0.11% 0.00% 0.5
357 PPC Peet Limited 0.11% 0.00% 8.4
358 CCV Cash Converters International 0.11% 0.00% 2.7
359 NWSLV News Corp Class a Non-voting Common Stock-cdi 0.1% 0.00% 0.0
360 GNE Genesis Energy Limited NZX 0.1% -0.02% 4.0
361 ARF Arena Reit Stapled 0.1% 0.00% 1.4
362 WTP Watpac Limited 0.09% +0.07% 17.0
363 NMT Neometals LTD 0.09% -0.02% 0.2
364 CIP Centuria Industrial Reit Ord Unit 0.09% +0.01% 0.2
365 BRN Brainchip Holdings LTD 0.09% -0.06% 0.2
366 ISU Iselect Limited 0.08% -0.05% 0.4
367 DCG Decmil Group Limited 0.08% 0.00% 0.3
368 EGH Eureka Group Holdings Limited 0.08% -0.01% 0.9
369 ARV Artemis Resources Limited 0.08% +0.06% 0.0
370 AIA Auckland International Airport Limited NZX 0.08% 0.00% 2.7
371 AXP Airxpanders Inc Cdi Forus 0.08% 0.00% 2.7
372 EML EML Payments Limited 0.07% 0.00% 0.1
373 SGF SG Fleet Group Limited 0.07% 0.00% 3.8
374 ATL Apollo Tourism & Leisure LTD 0.07% 0.00% 0.6
375 PEN Peninsula Energy Limited 0.07% +0.03% 0.6
376 CAN Cann Group Limited 0.07% +0.05% 0.0
377 WLD Wellard Limited 0.07% 0.00% 1.0
378 MNY MONEY3 Corporation Limited 0.07% 0.00% 0.2
379 VEU Vanguard All-world Ex-us Shares Index Etf Cdi 1:1 0.07% 0.00% 0.4
380 SIQ Smartgroup Corporation LTD 0.06% 0.00% 0.3
381 CAJ Capitol Health Limited 0.06% 0.00% 0.4
382 FLC Fluence Corporation Limited 0.06% +0.02% 0.6
383 BKY Berkeley Energia Limited 0.06% +0.05% 0.7
384 SLX Silex Systems Limited 0.06% +0.01% 0.8
385 CDU Cudeco Limited 0.06% 0.00% 2.5
386 OVH Onevue Holdings Limited 0.06% 0.00% 0.6
387 RVA Reva Medical Inc Cdi 10:1 0.06% 0.00% 61.0
388 MYS Mystate Limited 0.06% 0.00% 0.8
389 CAI Calidus Resources Limited 0.06% +0.06% 0.1
390 GRR Grange Resources Limited 0.06% 0.00% 0.7
391 BCI BC Iron Limited 0.05% 0.00% 0.2
392 NCK Nick Scali Limited 0.05% 0.00% 0.7
393 MUS Mustang Resources Limited 0.05% +0.05% 0.0
394 CEN Contact Energy Limited NZX 0.05% +0.05% 25.2
395 BSE Base Resources Limited 0.05% 0.00% 0.7
396 TGS Tiger Resources Limited 0.05% 0.00% 0.0
397 UPD Updater Inc Cdi Forus 0.05% +0.01% 0.4
398 HZN Horizon Oil Limited 0.05% 0.00% 0.4
399 GCY Gascoyne Resources Limited 0.05% 0.00% 0.4
400 CZZ Capilano Honey Limited 0.05% 0.00% 0.4
401 HAV Havilah Resources Limited 0.05% 0.00% 0.7
402 DEG De Grey Mining Limited 0.04% -0.03% 0.0
403 NUFR Nufarm Rights-appsclose 15NOV2017 US Prohibited 0.04% +0.04% 0.0
404 FCT Firstwave Cloud Technology Limited 0.04% +0.01% 0.5
405 SSM Service Stream Limited 0.04% 0.00% 0.3
406 MHJ Michael Hill International Limited 0.04% 0.00% 3.8
407 TGH Tegel Group Holdings Limited NZX 0.04% 0.00% 1.2
408 UNS Unilife Corporation Cdi 60:1 0.03% 0.00% 0.0
409 OKU Oklo Resources Limited 0.03% 0.00% 0.3
410 FLN Freelancer Limited 0.03% 0.00% 1.5
411 HUB HUB24 Limited 0.03% 0.00% 0.2
412 TNG TNG Limited 0.03% +0.01% 0.1
413 TAW Tawana Resources NL 0.03% +0.02% 0.0
414 ASN Anson Resources Limited 0.03% -0.01% 0.0
415 WBA Webster Limited 0.02% 0.00% 1.0
416 RXL Rox Resources Limited 0.02% 0.00% 0.2
417 GSC Global Geoscience Limited 0.02% 0.00% 0.2
418 GDI GDI Property Group Stapled 0.02% 0.00% 0.1
419 APE Ap Eagers Limited 0.02% +0.02% 0.6
420 RAN Range International Limited 0.02% +0.02% 0.6
421 VGL Vista Group International Limited NZX 0.02% 0.00% 9.2
422 BLY Boart Longyear Limited 0.02% +0.01% 0.2
423 QMS QMS Media Limited 0.02% 0.00% 0.2
424 COI Comet Ridge Limited 0.02% 0.00% 0.1
425 SGH Slater & Gordon Limited 0.02% 0.00% 0.0
426 GNG GR Engineering Services Limited 0.02% +0.02% 0.2
427 HIL Hills Limited 0.02% -0.01% 0.4
428 XRO Xero Limited NZX 0.02% +0.01% 0.0
429 SYT Syntonic Limited 0.02% 0.00% 0.0
430 KMD Kathmandu Holdings Limited 0.01% 0.00% 0.1
431 SMN Structural Monitoring Systems PLC Cdi 1:1 0.01% 0.00% 0.1
432 ARL Ardea Resources Limited 0.01% 0.00% 0.0
433 VHY Vanguard Australian Shares High Yield Etf Etf Units 0.01% 0.00% 0.1
434 BLX Beacon Lighting Group Limited 0.01% 0.00% 1.3
435 SFH Specialty Fashion Group Limited 0.01% +0.01% 0.1
436 PLG Propertylink Group Forus 0.01% -0.01% 0.2
437 EPW Erm Power Limited 0.01% 0.00% 0.0
438 CLA Celsius Resources Limited 0.01% +0.01% 0.0
439 YAL Yancoal Australia Limited 0.01% 0.00% 21.3
440 HPI Hotel Property Investments Stapled 0.01% 0.00% 0.1
441 AZS Azure Minerals Limited 0.01% +0.01% 0.0
442 AEV Avenira Limited 0.01% 0.00% 0.2
443 NCZ New Century Resources Limited 0.01% -0.02% 0.0
444 IFM Infomedia LTD 0.01% 0.00% 0.1
445 MEY Marenica Energy LTD 0.01% 0.00% 0.2
446 NHC New Hope Corporation Limited 0.01% 0.00% 0.2
447 IAM Intiger Group Limited 0.01% 0.00% 0.0
448 SPO Spotless Group Holdings Limited 0.01% 0.00% 3.3
449 NUFN Nufarm Ordinary Fully Paid Deferred 0.01% +0.01% 0.0
450 MVP Medical Developments International Limited 0.01% 0.00% 0.0
451 ISX Isignthis LTD 0% -0.02% 0.0
452 MEB Medibio Limited 0% 0.00% 0.1
453 FML Focus Minerals LTD 0% 0.00% 0.5
454 ANP Antisense Therapeutics Limited 0% -0.01% 0.0
455 TAR Taruga Gold Limited 0% 0.00% 0.0
456 CR8 CRE8TEK Limited 0% 0.00% 0.0
457 REH Reece Limited 0% 0.00% 0.0
458 IGL Ive Group Limited 0% 0.00% 0.0
459 AJX Alexium International Group Limited 0% 0.00% 0.0
460 MZN Marindi Metals Limited 0% 0.00% 0.0
461 LVH Livehire Limited 0% 0.00% 0.0
462 KPL Kina Petroleum Limited 0% 0.00% 0.5
463 PME Pro Medicus Limited 0% 0.00% 0.0
464 MCR Mincor Resources NL 0% 0.00% 0.0
465 HFA HFA Holdings Limited 0% 0.00% 0.0
466 OEC Orbital Corporation Limited 0% 0.00% 0.0
467 SAS SKY And Space Global LTD 0% 0.00% 0.0
468 SVH Silver Heritage Group Limited 0% 0.00% 0.1
469 KNM Kneomedia Limited 0% 0.00% 0.0
470 MMI Metro Mining Limited 0% 0.00% 0.0
471 GGG Greenland Minerals And Energy Limited 0% 0.00% 0.0
472 GCS Global Construction Services Limited 0% 0.00% 0.0
473 AJA Astro Japan Property Group Forus 0% 0.00% 0.0
474 NEA Nearmap LTD 0% -0.01% 0.0
475 PSC Prospect Resources Limited 0% 0.00% 0.0
476 CVN Carnarvon Petroleum Limited 0% 0.00% 0.0
477 AFI Australian Foundation Investment Company Limited 0% 0.00% 0.0
478 HUO Huon Aquaculture Group Limited 0% 0.00% 0.0
479 88E 88 Energy Limited 0% 0.00% 0.0
480 LIT Lithium Australia NL 0% 0.00% 0.0
481 ATS Australis Oil & Gas Limited 0% 0.00% 0.0
482 IDX Integral Diagnostics Limited 0% 0.00% 0.0
483 KBL KBL Mining Limited 0% 0.00% 0.0
484 STW SPDR S&p/asx 200 Fund Etf Units 0% 0.00% 0.0
485 SDL Sundance Resources Limited 0% 0.00% 0.0
486 MDL Mineral Deposits Limited 0% 0.00% 0.0
487 ICQ Icar Asia Limited 0% 0.00% 0.0


What is Short Selling?

Short selling is one of the most difficult concepts for novice investors to grasp.

The goal is to profit from a falling market by “borrowing” shares in a company to sell at the current market price, and buy those shares back at a later date after the price has fallen. The difference between the initial sell price and the later buyback price is the profit.

The easiest way to grasp the concept is to compare it with traditional share investment.

Long (Buy)

Going “long” is the traditional way of investing in the stock market; you profit when the share price goes up.

  • You believe a companies share price will rise
  • You buy shares at $40
  • The share price rises to $54
  • You sell the shares for a profit of $14 per share
Chart of a Long Buy

Short (Sell)

Going “short” is the opposite; you profit when the share price goes down.

  • You believe a companies share price will fall
  • You sell 1,000 "borrowed" shares at $58
  • The share price falls to $42
  • You buy 1,000 shares (to close the trade) at $42
  • You made a profit of $16 per share
Chart of a Short Sale

How can you sell shares you don’t own?

The most common way is called “Covered Short Selling” and it involves “borrowing” the shares from someone else (organised by your stockbroker).

To open a trade: You borrow shares and sell them at the current market price.

To close the trade: You buyback the same number of shares and return them to the original shareholder.

Another way is to “Naked Short Sell” and it involves a stockbroker placing a sell order on your behalf, even though you haven't borrowed any shares (hence the term "naked"). To close the trade you must buy back the exact number of shares that you originally sold.

Remember that everything is done on a computer. You’re not actually buying and selling a tangible asset; all that’s required is that the numbers in the regulator’s computer “even out” at the end.

Why would someone allow their stock to be short sold? Lenders can charge a borrowing fee which is passed on to the short seller. This is also why short sale positions tend to be shorter in investment duration than long trades.

Green TickShort Selling Advantages


1. Profit in a falling market

You can make money when share prices are falling.

2. Hedge your portfolio to reduce drawdown

A portfolio can be hedged with “short” positions to reduce drawdowns in down trending markets. Should the stock market turn negative, any profit made in the “short” trades will help counteract the losses made in the long trades.

Red CrossDisadvantages


1. Difficulty to participate

Few Australian stockbrokers have the ability to short sell and those that do often have many obstacles. Additional paperwork, collateral requirements, pre-authorisation per trade, higher fees and a minimum trade size of $50,000 may be set.

2. Risk is unlimited

With traditional share investment your risk is limited to the amount you spent on the initial purchase (a share price can’t go below zero). With short selling a trade isn’t closed until you buyback the original number of shares sold, so your risk is unlimited (there is not upper limit to how high a share price can go).

For example, in 2008 Volkswagen was involved in a massive short-squeeze.

Short sellers panicked because the share price was rising and they were losing money. To close their trades they needed to buyback the original number of shares they sold.

A "snowball" effect ensued with all short sellers trying to close their trades at the same time, driving the share price even higher.

The Volkswagen share price rose from €200 to over €1,000 in just over a month.

Short Squeeze Chart

3. Limited number of approved ASX companies to sell

There is a limited number of ASX companies that are allowed to be sold short. Leveraged equities publish a list of approved companies along with the collateral requirements.

Why is Short Selling Allowed?

Short selling provides liquidity and brings price efficiency into the market.

In 2008, ASIC placed stricter controls on covered short selling and banned naked short selling outright in an attempt to bring order to the market turmoil. Although it could easily be argued that the ban reduced fear and reduced the number of people “sitting on the sidelines”, studies have found that the consequence was higher volatility and decreased liquidity.

How to "Go Short" in Australia

Short selling ASX companies should only be conducted by experienced investors. You will need to shop around for a stockbroker who is able to facilitate short trades.

Alternatively, you can profit from a falling market by purchasing an Exchange Traded Fund (ETF) that specialises in short selling.

BetaShares Australian Equities Bear Hedge Fund (BEAR) is an ETF that can be bought and sold just like ordinary shares with no extra paperwork, fees or obstacles. The fund short sells ASX SPI 200 futures contracts so that any fall in the S&P/ASX 200 index will result in an increase in the fund’s value. Therefore, the share price of BEAR ETF will rise if the stock market falls.

Using an ETF like the BEAR is a great way for the average investor to profit from, or protect against a fall in the overall Australian stock market.


Additional Links

Short Selling Regulatory Guide 196 (PDF) - ASIC’s detailed guide

Short Selling Reporting Obligations in Australia (PDF) - A law firm’s excellent summary