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: 19 Nov 2020

Code Company Short Week Mvt Days to Cover
1 WEB Webjet Ltd 13.2% 0.00% 6.1
2 WSA Western Areas Ltd 10.64% -0.32% 11.8
3 SDA Speedcast International Ltd 9.29% +0.29% 0.0
4 MYR Myer Holdings Ltd 9.27% -0.41% 4.1
5 MSB Mesoblast Ltd 8.87% +0.11% 4.0
6 IVC Invocare Ltd 8.66% -0.50% 22.0
7 ING Inghams Group Ltd 8.33% -0.05% 24.3
8 TGR Tassal Group Ltd 8.01% +0.89% 20.0
9 A2M The a2 Milk Company Ltd 7.98% +0.32% 19.0
10 MTS Metcash Ltd 7.94% +0.20% 19.5
11 FLT Flight Centre Travel Group Ltd 7.88% -0.88% 3.5
12 AVH Avita Therapeutics, Inc 7.49% +0.45% 7.8
13 CUV Clinuvel Pharmaceuticals Ltd 7.08% +0.02% 31.9
14 FNP Freedom Foods Group Ltd 6.94% +0.07% 0.0
15 BOQ Bank of Queensland Ltd 6.64% -0.07% 12.8
16 UWL Uniti Group Ltd 6.52% +0.58% 13.6
17 GXY Galaxy Resources Ltd 6.47% -0.55% 3.7
18 WHC Whitehaven Coal Ltd 6.36% -0.42% 3.9
19 Z1P ZIP Co Ltd 6.05% -0.43% 3.3
20 EOS Electro Optic Systems Holdings Ltd 5.93% +0.10% 9.6
21 COE Cooper Energy Ltd 5.49% 0.00% 19.9
22 AMA AMA Group Ltd 5.37% +0.45% 4.3
23 EML EML Payments Ltd 5.3% -0.01% 6.2
24 NEA Nearmap Ltd 5.17% +0.14% 9.3
25 PNV Polynovo Ltd 5.09% +0.33% 14.1
26 SEK Seek Ltd 5.05% -0.28% 12.2
27 ORE Orocobre Ltd 5.02% -0.05% 5.4
28 SSM Service Stream Ltd 4.97% +0.30% 8.8
29 BIN Bingo Industries Ltd 4.9% -0.50% 12.5
30 ALK Alkane Resources Ltd 4.86% -0.22% 9.9
31 GWA GWA Group Ltd 4.82% +0.04% 16.0
32 PPT Perpetual Ltd 4.8% -0.10% 9.4
33 CLH Collection House Ltd 4.75% 0.00% 0.0
34 PME Pro Medicus Ltd 4.74% -0.15% 16.1
35 TPW Temple & Webster Group Ltd 4.68% +0.15% 5.0
36 PLS Pilbara Minerals Ltd 4.68% -0.23% 3.8
37 SUL Super Retail Group Ltd 4.65% -0.04% 8.9
38 BEN Bendigo and Adelaide Bank Ltd 4.65% +0.20% 8.6
39 SGM Sims Ltd 4.6% -0.07% 6.7
40 JBH JB Hi-Fi Ltd 4.54% 0.00% 10.7
41 BUB Bubs Australia Ltd 4.49% +0.23% 18.0
42 CLQ Clean TEQ Holdings Ltd 4.39% 0.00% 41.5
43 PGH Pact Group Holdings Ltd 4.33% -0.10% 47.8
44 ABY Adore Beauty Group Ltd 4.27% -0.10% 9.2
45 IEL Idp Education Ltd 4.19% -0.04% 19.1
46 BKL Blackmores Ltd 4.15% +0.18% 19.2
47 BHP BHP Group Ltd 4.14% 0.00% 16.2
48 PAR Paradigm Biopharmaceuticals Ltd 4.04% +0.06% 15.3
49 ALG Ardent Leisure Group Ltd 3.94% -0.06% 5.2
50 SYR Syrah Resources Ltd 3.88% -0.50% 2.7
51 SXL Southern Cross Media Group Ltd 3.8% +3.47% 2.2
52 BVS Bravura Solutions Ltd 3.79% +1.31% 3.2
53 CSR CSR Ltd 3.79% 0.00% 8.8
54 KAR Karoon Energy Ltd 3.79% +0.01% 3.3
55 JIN Jumbo Interactive Ltd 3.69% -0.07% 7.5
56 FXL Flexigroup Ltd 3.68% -0.19% 2.4
57 RSG Resolute Mining Ltd 3.65% +0.66% 4.3
58 SPL Starpharma Holdings Ltd 3.63% +0.68% 23.6
59 NCZ New Century Resources Ltd 3.45% +0.14% 6.3
60 CCP Credit Corp Group Ltd 3.42% +0.49% 5.3
61 SLC Superloop Ltd 3.39% -0.69% 8.4
62 LOV Lovisa Holdings Ltd 3.36% -1.89% 6.0
63 BGL Bellevue Gold Ltd 3.31% +0.20% 4.8
64 AGL AGL Energy Ltd 3.27% +0.37% 7.2
65 TNE Technology One Ltd 3.25% -0.38% 8.1
66 NAN Nanosonics Ltd 3.24% -0.06% 13.4
67 CGF Challenger Ltd 3.22% -0.04% 8.4
68 OBL Omni Bridgeway Ltd 3.2% +0.12% 5.9
69 WAF West African Resources Ltd 3.2% +0.03% 5.0
70 SKI Spark Infrastructure Group 3.19% +0.02% 13.6
71 CVN Carnarvon Petroleum Ltd 3.12% -0.04% 16.0
72 LIC Lifestyle Communities Ltd 3.03% +0.09% 25.5
73 AWC Alumina Ltd 3.02% +0.64% 4.9
74 MND Monadelphous Group Ltd 2.97% -0.11% 8.7
75 SXY SENEX Energy Ltd 2.96% -0.08% 9.4
76 INR Ioneer Ltd 2.96% -0.04% 10.0
77 HT1 HT&E Ltd 2.93% -0.04% 31.2
78 HVN Harvey Norman Holdings Ltd 2.93% +0.01% 10.9
79 NEC Nine Entertainment Co. Holdings Ltd 2.91% -0.27% 10.8
80 NHF Nib Holdings Ltd 2.83% +0.01% 13.2
81 MYX Mayne Pharma Group Ltd 2.81% -0.16% 13.6
82 EOF Ecofibre Ltd 2.78% +0.04% 26.7
83 SVW Seven Group Holdings Ltd 2.77% +0.17% 14.7
84 EHL Emeco Holdings Ltd 2.74% -0.09% 5.8
85 BGA Bega Cheese Ltd 2.73% -0.24% 19.6
86 SOL Washington H Soul Pattinson & Company Ltd 2.69% +0.04% 19.2
87 IFL IOOF Holdings Ltd 2.69% -0.01% 3.9
88 PDN Paladin Energy Ltd 2.66% +0.16% 16.3
89 ALL Aristocrat Leisure Ltd 2.65% -0.05% 10.5
90 DOW Downer Edi Ltd 2.54% +0.05% 4.8
91 HUB HUB24 Ltd 2.49% +0.25% 10.4
92 SKC Skycity Entertainment Group Ltd 2.47% -0.06% 21.6
93 BPT Beach Energy Ltd 2.47% +0.37% 2.7
94 MP1 Megaport Ltd 2.37% +0.19% 5.3
95 ALX Atlas Arteria 2.37% +0.21% 8.7
96 VETH Vanguard Ethically Conscious Australian Shares ETF 2.34% +2.34% 0.0
97 MLX Metals X Ltd 2.28% -0.13% 14.7
98 NST Northern Star Resources Ltd 2.28% +0.66% 4.1
99 CWN Crown Resorts Ltd 2.24% -0.02% 8.9
100 CMM Capricorn Metals Ltd 2.24% +0.01% 12.1
101 QAN Qantas Airways Ltd 2.24% +0.35% 3.7
102 CIM Cimic Group Ltd 2.21% +0.07% 13.5
103 OSH Oil Search Ltd 2.18% +0.16% 3.0
104 SHV Select Harvests Ltd 2.18% -0.03% 13.8
105 OPY Openpay Group Ltd 2.14% +0.11% 3.1
106 GEM G8 Education Ltd 2.08% -0.09% 3.9
107 ABC Adbri Ltd 2.08% -0.17% 7.1
108 HSN Hansen Technologies Ltd 2.05% +0.17% 8.9
109 NUF Nufarm Ltd 2.04% +0.43% 3.7
110 APX Appen Ltd 2.03% 0.00% 4.8
111 RRL Regis Resources Ltd 2.03% +0.08% 2.5
112 CPU Computershare Ltd 2.01% +0.01% 8.6
113 SWM Seven West Media Ltd 2% +0.06% 5.2
114 IPL Incitec Pivot Ltd 2% -0.04% 3.1
115 WPL Woodside Petroleum Ltd 1.95% +0.25% 4.3
116 TWE Treasury Wine Estates Ltd 1.93% -0.05% 4.5
117 NCK Nick Scali Ltd 1.92% -0.58% 4.4
118 CTD Corporate Travel Management Ltd 1.91% -0.01% 5.5
119 REA REA Group Ltd 1.89% +0.06% 17.6
120 MPL Medibank Private Ltd 1.88% +0.01% 6.9
121 CMW Cromwell Property Group 1.85% +0.03% 13.7
122 RMS Ramelius Resources Ltd 1.84% +0.08% 2.6
123 OPT Opthea Ltd 1.76% 0.00% 7.4
124 AMP AMP Ltd 1.75% -0.18% 9.3
125 ANN Ansell Ltd 1.75% +0.10% 5.6
126 ZNO ZOONO Group Ltd 1.73% +0.09% 5.1
127 URW Unibail-Rodamco-Westfield 1.71% -0.09% 1.8
128 SFR Sandfire Resources Ltd 1.68% -0.17% 2.3
129 WTC Wisetech Global Ltd 1.67% -0.19% 11.9
130 APT Afterpay Ltd 1.65% +0.30% 3.3
131 VRT Virtus Health Ltd 1.65% +0.24% 1.2
132 DXS Dexus 1.65% +0.09% 4.3
133 NWH NRW Holdings Ltd 1.63% -0.02% 3.3
134 XRO Xero Ltd 1.61% +0.02% 1.9
135 MVP Medical Developments International Ltd 1.61% 0.00% 7.5
136 JMS Jupiter Mines Ltd 1.59% +0.02% 11.4
137 AAC Australian Agricultural Company Ltd 1.57% -0.01% 18.1
138 BLD Boral Ltd 1.57% -0.14% 3.1
139 ELO Elmo Software Ltd 1.55% -0.16% 7.2
140 NHC New Hope Corporation Ltd 1.53% +0.08% 4.8
141 ALU Altium Ltd 1.52% +0.27% 4.3
142 VCX Vicinity Centres 1.48% -0.08% 4.4
143 SZL Sezzle Inc 1.48% -0.04% 3.6
144 MGX Mount Gibson Iron Ltd 1.47% +0.22% 14.1
145 CQR Charter Hall Retail REIT 1.46% -0.02% 5.7
146 VHT Volpara Health Technologies Ltd 1.45% +0.15% 3.8
147 LYC Lynas Corporation Ltd 1.43% +0.05% 1.7
148 WOR Worley Ltd 1.43% +0.09% 3.1
149 AMI Aurelia Metals Ltd 1.4% +0.58% 2.9
150 PET Phoslock Environmental Technologies Ltd 1.4% +0.01% 0.0
151 ORA Orora Ltd 1.4% -0.02% 4.1
152 GMA Genworth Mortgage Insurance Australia Ltd 1.38% -0.04% 4.8
153 HLS Healius Ltd 1.38% +0.19% 4.0
154 IRE Iress Ltd 1.37% -0.05% 3.3
155 ISX Isignthis Ltd 1.37% +0.01% 0.0
156 ORI Orica Ltd 1.34% -0.07% 3.5
157 AST Ausnet Services Ltd 1.32% -0.02% 5.6
158 OML Ooh!Media Ltd 1.31% -0.16% 1.3
159 NAB National Australia Bank Ltd 1.31% +0.10% 5.7
160 ANZ Australia and New Zealand Banking Group Ltd 1.31% +0.24% 4.6
161 IAG Insurance Australia Group Ltd 1.3% +0.08% 2.5
162 AX1 Accent Group Ltd 1.27% -0.25% 2.6
163 IPD Impedimed Ltd 1.22% -0.03% 1.2
164 SIV SIV Capital Ltd 1.21% 0.00% 8.3
165 AMS Atomos Ltd 1.2% -0.05% 2.3
166 WSP Whispir Ltd 1.2% -0.10% 1.4
167 ASM Australian Strategic Materials Ltd 1.19% +0.06% 3.0
168 PBH Pointsbet Holdings Ltd 1.18% -0.01% 1.7
169 IGL Ive Group Ltd 1.17% +0.09% 2.0
170 MNY MONEY3 Corporation Ltd 1.16% +0.14% 5.5
171 ABP Abacus Property Group 1.15% +0.02% 13.1
172 GOR Gold Road Resources Ltd 1.14% +0.06% 1.3
173 RWC Reliance Worldwide Corporation Ltd 1.13% -0.05% 2.3
174 STX Strike Energy Ltd 1.13% -0.05% 13.3
175 SPT Splitit Payments Ltd 1.13% -0.09% 2.3
176 SAR Saracen Mineral Holdings Ltd 1.11% +0.07% 1.3
177 PNI Pinnacle Investment Management Group Ltd 1.1% +0.05% 6.2
178 MFG Magellan Financial Group Ltd 1.09% +0.08% 4.2
179 LNG Liquefied Natural Gas Ltd 1.09% 0.00% 0.0
180 RIO RIO Tinto Ltd 1.09% +0.33% 2.6
181 AMC Amcor Plc 1.08% +0.05% 2.6
182 SVL Silver Mines Ltd 1.07% -0.01% 2.1
183 SLR Silver Lake Resources Ltd 1.07% -0.04% 1.2
184 DEG De Grey Mining Ltd 1.07% +0.09% 1.6
185 ADI Apn Industria REIT 1.06% +0.01% 7.2
186 TAH Tabcorp Holdings Ltd 1.06% -0.04% 3.9
187 VEA Viva Energy Group Ltd 1.04% +0.12% 3.5
188 NWSLV News Corporation 1.03% -0.01% 0.0
189 KGN Kogan.com Ltd 1.02% -0.18% 0.4
190 COH Cochlear Ltd 1.02% +0.07% 3.6
191 CGC Costa Group Holdings Ltd 1.02% +0.06% 3.7
192 SCP Shopping Centres Australasia Property Group 1.01% -0.14% 2.8
193 JHC Japara Healthcare Ltd 1.01% -0.13% 1.2
194 AEF Australian Ethical Investment Ltd 1% -0.10% 2.4
195 MOC Mortgage Choice Ltd 1% +0.03% 7.0
196 SBM ST Barbara Ltd 0.99% -0.03% 1.1
197 AZJ Aurizon Holdings Ltd 0.99% +0.02% 2.1
198 RFF Rural Funds Group 0.98% +0.07% 8.1
199 OSP Osprey Medical Inc 0.96% -0.20% 3.4
200 PTM Platinum Asset Management Ltd 0.96% +0.11% 4.2
201 SVY Stavely Minerals Ltd 0.96% +0.01% 4.2
202 SIQ Smartgroup Corporation Ltd 0.96% +0.04% 1.8
203 EVN Evolution Mining Ltd 0.95% -0.12% 1.7
204 CCX City Chic Collective Ltd 0.95% +0.08% 2.7
205 SCG Scentre Group 0.94% -0.45% 2.9
206 WBC Westpac Banking Corporation 0.94% +0.01% 2.5
207 IGO IGO Ltd 0.93% +0.19% 2.0
208 IPH IPH Ltd 0.92% +0.06% 2.7
209 CLW Charter Hall Long Wale REIT 0.91% -0.07% 3.3
210 ASX ASX Ltd 0.9% +0.17% 2.9
211 PRU Perseus Mining Ltd 0.89% +0.02% 1.4
212 DCN Dacian Gold Ltd 0.89% -0.39% 1.3
213 LLC Lendlease Group 0.88% -0.10% 2.4
214 OZL OZ Minerals Ltd 0.88% +0.02% 2.0
215 BKW Brickworks Ltd 0.87% -0.01% 2.5
216 RMD Resmed Inc 0.86% -0.04% 3.6
217 ADH Adairs Ltd 0.85% -0.22% 1.3
218 DMP Domino's PIZZA Enterprises Ltd 0.85% +0.04% 2.0
219 ORG Origin Energy Ltd 0.84% 0.00% 2.1
220 MYS Mystate Ltd 0.83% +0.03% 6.8
221 SHL Sonic Healthcare Ltd 0.82% -0.01% 2.7
222 IRI Integrated Research Ltd 0.81% 0.00% 4.0
223 STO Santos Ltd 0.8% +0.06% 2.7
224 TYR Tyro Payments Ltd 0.8% 0.00% 2.3
225 EVS Envirosuite Ltd 0.8% 0.00% 5.5
226 GPT GPT Group 0.79% -0.18% 2.8
227 UMG United Malt Group Ltd 0.78% -0.30% 1.4
228 EWC Energy World Corporation Ltd 0.78% 0.00% 35.0
229 WGN Wagners Holding Company Ltd 0.78% 0.00% 8.3
230 NSR National Storage REIT 0.78% 0.00% 2.4
231 EHE Estia Health Ltd 0.78% +0.33% 1.1
232 FMG Fortescue Metals Group Ltd 0.77% -0.05% 2.0
233 APA APA Group 0.77% -0.08% 4.4
234 EVT Event Hospitality and Entertainment Ltd 0.76% -0.04% 2.8
235 NWL Netwealth Group Ltd 0.76% -0.06% 3.5
236 DHG Domain Holdings Australia Ltd 0.74% +0.17% 4.0
237 OCC Orthocell Ltd 0.74% -0.02% 0.6
238 HPG Hipages Group Holdings Ltd 0.74% +0.34% 5.8
239 VOC Vocus Group Ltd 0.73% -0.01% 1.9
240 FBU Fletcher Building Ltd 0.72% -0.09% 1.9
241 SGR The Star Entertainment Group Ltd 0.72% -0.10% 2.3
242 LNK Link Administration Holdings Ltd 0.71% -0.13% 2.9
243 RED RED 5 Ltd 0.69% +0.07% 1.9
244 REG Regis Healthcare Ltd 0.69% +0.35% 1.4
245 CBA Commonwealth Bank of Australia 0.67% +0.08% 3.0
246 CWP Cedar Woods Properties Ltd 0.67% +0.08% 10.9
247 A2B A2B Australia Ltd 0.66% -0.01% 5.7
248 MLD Maca Ltd 0.66% +0.52% 3.1
249 AD8 Audinate Group Ltd 0.66% +0.06% 4.9
250 VUK Virgin Money Uk Plc 0.63% -1.06% 1.2
251 JHG Janus Henderson Group Plc 0.63% -0.21% 0.9
252 APE Eagers Automotive Ltd 0.62% +0.05% 2.1
253 JHX James Hardie Industries Plc 0.62% -0.06% 2.0
254 BID Bidenergy Ltd 0.61% -0.01% 2.5
255 WHA Wattle Health Australia Ltd 0.59% 0.00% 0.0
256 BWP BWP Trust 0.59% +0.07% 4.7
257 QBE QBE Insurance Group Ltd 0.59% -0.02% 1.8
258 COF Centuria Office REIT 0.58% -0.13% 4.8
259 BUD Buddy Technologies Ltd 0.58% -0.17% 1.6
260 NVA Nova Minerals Ltd 0.58% +0.56% 1.8
261 CCL Coca-Cola Amatil Ltd 0.58% +0.37% 0.5
262 BBN Baby Bunting Group Ltd 0.58% +0.23% 2.5
263 NIC Nickel Mines Ltd 0.57% -0.08% 1.2
264 GUD G.U.D. Holdings Ltd 0.57% +0.04% 1.2
265 FZO Family ZONE Cyber Safety Ltd 0.57% -0.06% 3.8
266 TUA Tuas Ltd 0.56% +0.10% 3.6
267 CBR Carbon Revolution Ltd 0.56% -0.07% 2.4
268 MGR Mirvac Group 0.55% +0.04% 1.7
269 SYD Sydney Airport 0.55% +0.03% 2.0
270 RIC Ridley Corporation Ltd 0.54% +0.02% 10.6
271 HLO Helloworld Travel Ltd 0.54% +0.02% 1.1
272 MIN Mineral Resources Ltd 0.53% +0.02% 1.0
273 ILU Iluka Resources Ltd 0.53% -0.27% 1.0
274 CL1 Class Ltd 0.51% +0.01% 3.1
275 DUB Dubber Corporation Ltd 0.51% -0.11% 0.7
276 NXT NEXTDC Ltd 0.51% -0.10% 0.8
277 WPR Waypoint REIT 0.51% 0.00% 1.6
278 SDF Steadfast Group Ltd 0.51% +0.09% 2.7
279 MMS Mcmillan Shakespeare Ltd 0.5% -0.17% 0.8
280 RHC Ramsay Health Care Ltd 0.5% -0.12% 1.8
281 QUB QUBE Holdings Ltd 0.5% -0.08% 2.1
282 AVN Aventus Group 0.5% -0.02% 4.2
283 CAN Cann Group Ltd 0.5% -0.05% 0.1
284 TCL Transurban Group 0.49% -0.14% 2.8
285 ISU Iselect Ltd 0.49% +0.01% 5.2
286 DRR Deterra Royalties Ltd 0.48% -0.24% 1.5
287 COL Coles Group Ltd 0.48% +0.01% 1.4
288 ASB Austal Ltd 0.47% +0.05% 0.9
289 API Australian Pharmaceutical Industries Ltd 0.46% +0.06% 3.4
290 ABR American Pacific Borates Ltd 0.44% +0.27% 3.9
291 RDC Redcape Hotel Group 0.44% -0.01% 4.1
292 BWX BWX Ltd 0.44% +0.05% 3.1
293 ALD Ampol Ltd 0.44% -0.01% 0.9
294 GOZ Growthpoint Properties Australia 0.43% +0.01% 3.9
295 DRO Droneshield Ltd 0.43% +0.01% 1.2
296 CWY Cleanaway Waste Management Ltd 0.42% -0.09% 1.9
297 GDI GDI Property Group 0.42% -0.02% 2.5
298 NWS News Corporation 0.42% +0.11% 1.1
299 LVT Livetiles Ltd 0.41% +0.02% 1.0
300 SLK Sealink Travel Group Ltd 0.41% -0.07% 1.4
301 TLS Telstra Corporation Ltd 0.41% -0.02% 2.0
302 ATH Alterity Therapeutics Ltd 0.41% +0.41% 0.4
303 BTH Bigtincan Holdings Ltd 0.41% -0.03% 1.0
304 AIA Auckland International Airport Ltd 0.4% -0.05% 11.3
305 CNU Chorus Ltd 0.4% +0.18% 2.6
306 RBL Redbubble Ltd 0.39% +0.03% 0.5
307 VRL Village Roadshow Ltd 0.39% -0.09% 2.2
308 STA Strandline Resources Ltd 0.39% 0.00% 1.4
309 BXB Brambles Ltd 0.38% +0.09% 1.4
310 NZM NZME Ltd 0.37% +0.02% 6.9
311 MQG Macquarie Group Ltd 0.37% -0.13% 1.3
312 AT1 Atomo Diagnostics Ltd 0.36% -0.36% 1.1
313 TNT Tesserent Ltd 0.36% -0.11% 0.4
314 WES Wesfarmers Ltd 0.36% -0.01% 1.8
315 BET Betmakers Technology Group Ltd 0.35% -0.08% 0.4
316 360 LIFE360 Inc 0.35% -0.10% 0.2
317 NVX Novonix Ltd 0.35% -0.04% 0.9
318 BLG Bluglass Ltd 0.35% +0.01% 1.9
319 MVF Monash Ivf Group Ltd 0.34% +0.33% 2.2
320 FBR FBR Ltd 0.34% +0.12% 2.2
321 G1A Galena Mining Ltd 0.32% 0.00% 0.4
322 MHJ Michael Hill International Ltd 0.32% -0.01% 8.3
323 FFX Firefinch Ltd 0.31% +0.09% 0.6
324 SUN Suncorp Group Ltd 0.31% +0.05% 0.9
325 TIE Tietto Minerals Ltd 0.3% -0.02% 1.5
326 TPG TPG Telecom Ltd 0.3% -0.01% 6.5
327 CIP Centuria Industrial REIT 0.3% 0.00% 1.1
328 ADT Adriatic Metals Plc 0.3% 0.00% 2.1
329 SM1 Synlait Milk Ltd 0.29% -0.06% 8.7
330 CHC Charter Hall Group 0.29% -0.03% 1.1
331 WCG Webcentral Group Ltd 0.29% -0.04% 0.3
332 SGP Stockland 0.28% -0.09% 1.2
333 CHN Chalice Gold Mines Ltd 0.28% -0.05% 0.3
334 KNM Kneomedia Ltd 0.28% +0.28% 1.2
335 ARB ARB Corporation Ltd 0.28% +0.03% 0.9
336 WGX Westgold Resources Ltd 0.28% -0.05% 0.5
337 PDL Pendal Group Ltd 0.26% 0.00% 0.4
338 OFX OFX Group Ltd 0.26% +0.21% 0.7
339 LCL Los Cerros Ltd 0.25% -0.08% 0.3
340 CST Castile Resources Ltd 0.25% 0.00% 0.5
341 S32 SOUTH32 Ltd 0.25% -0.09% 0.5
342 BSL Bluescope Steel Ltd 0.25% -0.12% 0.4
343 PCK Painchek Ltd 0.25% 0.00% 1.0
344 CAR Carsales.com Ltd 0.24% -0.10% 0.8
345 CSL CSL Ltd 0.24% -0.01% 1.2
346 CMWE Cromwell Property Group 0.23% +0.16% 0.0
347 REIT Vaneck Vectors Ftse International Property (Hedged) ETF 0.23% +0.23% 0.0
348 CQE Charter Hall Social Infrastructure REIT 0.23% -0.05% 0.7
349 ARV Artemis Resources Ltd 0.22% 0.00% 0.7
350 NXS Next Science Ltd 0.22% +0.16% 0.7
351 AUB AUB Group Ltd 0.22% -0.07% 0.8
352 HCT Holista Colltech Ltd 0.21% +0.04% 0.7
353 FAR FAR Ltd 0.21% 0.00% 0.0
354 INA Ingenia Communities Group 0.21% -0.06% 0.8
355 G88 Golden Mile Resources Ltd 0.21% 0.00% 1.0
356 ABB Aussie Broadband Ltd 0.21% 0.00% 0.8
357 HPI Hotel Property Investments 0.21% +0.18% 1.1
358 CE1 Calima Energy Ltd 0.21% 0.00% 1.3
359 AGH Althea Group Holdings Ltd 0.2% 0.00% 0.9
360 AKP Audio Pixels Holdings Ltd 0.2% 0.00% 6.4
361 SRV Servcorp Ltd 0.2% 0.00% 3.9
362 EMN Euro Manganese Inc 0.2% +0.20% 0.1
363 DXN DXN Ltd 0.2% -0.01% 0.5
364 PPS Praemium Ltd 0.19% -0.04% 0.7
365 AFG Australian Finance Group Ltd 0.19% -0.14% 1.2
366 SGF SG Fleet Group Ltd 0.19% -0.01% 2.8
367 NGI Navigator Global Investments Ltd 0.19% +0.13% 0.8
368 WPP WPP AUNZ Ltd 0.19% -0.01% 2.2
369 ARF Arena REIT 0.18% -0.16% 1.1
370 RAP Resapp Health Ltd 0.18% 0.00% 1.3
371 BDC Bardoc Gold Ltd 0.18% 0.00% 0.7
372 BDA Bod Australia Ltd 0.18% 0.00% 0.4
373 IDX Integral Diagnostics Ltd 0.17% 0.00% 0.8
374 CKF Collins Foods Ltd 0.17% -0.01% 0.6
375 PRN Perenti Global Ltd 0.17% -0.22% 0.4
376 OSX Osteopore Ltd 0.17% -0.03% 0.8
377 CLV Clover Corporation Ltd 0.17% +0.10% 1.0
378 BAP Bapcor Ltd 0.16% +0.01% 0.3
379 BRG Breville Group Ltd 0.15% -0.01% 0.5
380 AIS Aeris Resources Ltd 0.15% -0.01% 0.5
381 NCM Newcrest Mining Ltd 0.15% +0.11% 0.3
382 ECX Eclipx Group Ltd 0.15% -0.01% 0.3
383 GWR GWR Group Ltd 0.15% +0.04% 0.6
384 PPH Pushpay Holdings Ltd 0.15% +0.01% 0.8
385 ALQ Als Ltd 0.14% -0.03% 0.5
386 VUL Vulcan Energy Resources Ltd 0.14% +0.14% 0.1
387 DCG Decmil Group Ltd 0.14% +0.14% 0.3
388 AHY Asaleo Care Ltd 0.14% 0.00% 2.4
389 AVZ AVZ Minerals Ltd 0.14% +0.01% 0.3
390 PMV Premier Investments Ltd 0.14% 0.00% 0.7
391 FPH Fisher & Paykel Healthcare Corporation Ltd 0.14% +0.06% 0.7
392 GGG Greenland Minerals Ltd 0.13% 0.00% 1.2
393 IMU Imugene Ltd 0.13% +0.04% 0.1
394 OGC Oceanagold Corporation 0.13% +0.02% 0.1
395 IMD IMDEX Ltd 0.13% +0.03% 0.5
396 AQZ Alliance Aviation Services Ltd 0.13% -0.01% 0.9
397 DNK Danakali Ltd 0.13% 0.00% 1.9
398 MGV Musgrave Minerals Ltd 0.13% 0.00% 0.2
399 CRO Cirralto Ltd 0.13% +0.13% 0.2
400 CIA Champion Iron Ltd 0.12% -0.02% 0.8
401 TTT Titomic Ltd 0.12% -0.04% 0.9
402 CRN Coronado Global Resources Inc 0.12% +0.01% 0.2
403 ELD Elders Ltd 0.12% -0.03% 0.1
404 EN1 Engage:BDR Ltd 0.12% -0.02% 0.1
405 BOT Botanix Pharmaceuticals Ltd 0.12% +0.08% 0.2
406 ATU Atrum Coal Ltd 0.12% +0.11% 1.3
407 EEG Empire Energy Group Ltd 0.11% 0.00% 1.3
408 3DP Pointerra Ltd 0.11% +0.10% 0.2
409 GAL Galileo Mining Ltd 0.11% 0.00% 0.5
410 VML Vital Metals Ltd 0.11% -0.02% 0.3
411 MRM Mma Offshore Ltd 0.11% -0.35% 0.1
412 OBM Ora Banda Mining Ltd 0.1% 0.00% 0.6
413 PAN Panoramic Resources Ltd 0.1% -0.02% 0.4
414 IAP Investec Australia Property Fund 0.1% 0.00% 1.2
415 KRR King River Resources Ltd 0.1% +0.01% 0.4
416 PNC Pioneer Credit Ltd 0.1% 0.00% 0.2
417 9SP 9 Spokes International Ltd 0.09% +0.01% 0.7
418 WOW Woolworths Group Ltd 0.09% +0.02% 0.5
419 PLL Piedmont Lithium Ltd 0.09% +0.06% 0.3
420 MMI Metro Mining Ltd 0.09% -0.01% 0.8
421 AIZ Air New Zealand Ltd 0.09% -0.02% 0.3
422 PRX Prodigy Gold NL 0.09% 0.00% 0.5
423 LNU Linius Technologies Ltd 0.09% 0.00% 0.1
424 EXL Elixinol Global Ltd 0.09% +0.01% 0.1
425 DDR Dicker Data Ltd 0.09% +0.02% 0.9
426 STM Sunstone Metals Ltd 0.08% 0.00% 0.4
427 GNC Graincorp Ltd 0.08% -0.01% 0.1
428 GLL Galilee Energy Ltd 0.08% -0.38% 0.9
429 JLG Johns LYNG Group Ltd 0.08% -0.01% 0.4
430 MCR Mincor Resources NL 0.08% +0.03% 0.3
431 FCL Fineos Corporation Holdings Plc 0.08% -0.01% 0.4
432 NEU Neuren Pharmaceuticals Ltd 0.08% +0.01% 0.6
433 BLX Beacon Lighting Group Ltd 0.07% 0.00% 0.4
434 SIG Sigma Healthcare Ltd 0.07% +0.03% 0.7
435 TLX TELIX Pharmaceuticals Ltd 0.07% +0.01% 0.2
436 IMC Immuron Ltd 0.07% 0.00% 0.4
437 GMG Goodman Group 0.07% -0.01% 0.4
438 TD1 Tali Digital Ltd 0.07% 0.00% 0.3
439 CDD Cardno Ltd 0.07% +0.03% 0.9
440 TLG Talga Group Ltd 0.07% +0.05% 0.1
441 PPE People Infrastructure Ltd 0.06% 0.00% 0.2
442 BRN Brainchip Holdings Ltd 0.06% +0.05% 0.1
443 MEZ Meridian Energy Ltd 0.06% 0.00% 19.0
444 BKY Berkeley Energia Ltd 0.06% +0.02% 16.8
445 SSG Shaver Shop Group Ltd 0.06% 0.00% 0.5
446 ANO Advance Nanotek Ltd 0.06% 0.00% 1.7
447 AR9 Archtis Ltd 0.06% 0.00% 0.1
448 STW SPDR S&P/ASX 200 Fund 0.05% 0.00% 0.3
449 PAA Pharmaust Ltd 0.05% +0.01% 0.3
450 SEN Senetas Corporation Ltd 0.05% 0.00% 0.8
451 DXB Dimerix Ltd 0.05% 0.00% 0.2
452 IXC INVEX Therapeutics Ltd 0.05% +0.04% 0.1
453 BIT Biotron Ltd 0.05% 0.00% 0.2
454 TGN Tungsten Mining NL 0.05% 0.00% 3.0
455 PNR Pantoro Ltd 0.05% 0.00% 0.3
456 PWH PWR Holdings Ltd 0.05% 0.00% 1.0
457 BLA Blue Sky Alternative Investments Ltd 0.04% 0.00% 0.0
458 AMX Aerometrex Ltd 0.04% -0.01% 0.3
459 CNI Centuria Capital Group 0.04% 0.00% 0.2
460 SKT Sky Network Television Ltd 0.04% -0.01% 0.5
461 WWI West Wits Mining Ltd 0.04% -0.02% 0.0
462 OKU Oklo Resources Ltd 0.04% 0.00% 0.3
463 WMX Wiluna Mining Corporation Ltd 0.04% +0.01% 0.3
464 AJM Altura Mining Ltd 0.04% 0.00% 0.0
465 ALC Alcidion Group Ltd 0.04% -0.01% 0.1
466 VIP VIP Gloves Ltd 0.04% +0.01% 0.3
467 TRY Troy Resources Ltd 0.04% 0.00% 0.1
468 IOU Ioupay Ltd 0.04% -0.02% 0.0
469 AGY Argosy Minerals Ltd 0.04% -0.01% 0.1
470 GLN Galan Lithium Ltd 0.04% 0.00% 0.0
471 KSL Kina Securities Ltd 0.04% 0.00% 0.2
472 SSR SSR Mining Inc 0.04% 0.00% 0.3
473 IFM Infomedia Ltd 0.03% +0.03% 0.2
474 5GN 5G Networks Ltd 0.03% +0.03% 0.0
475 DTL Data#3 Ltd 0.03% 0.00% 0.1
476 LEP Ale Property Group 0.03% 0.00% 0.7
477 AGI Ainsworth Game Technology Ltd 0.03% -0.01% 0.2
478 KCN Kingsgate Consolidated Ltd 0.03% 0.00% 0.1
479 EMR Emerald Resources NL 0.03% 0.00% 1.0
480 SPK Spark New Zealand Ltd 0.03% 0.00% 0.5
481 HMC Home Consortium 0.03% 0.00% 0.1
482 CCV Cash Converters International 0.03% 0.00% 0.1
483 AUT Auteco Minerals Ltd 0.02% +0.01% 0.1
484 MOE Moelis Australia Ltd 0.02% 0.00% 0.3
485 AVA AVA Risk Group Ltd 0.02% +0.02% 0.0
486 MYD Mydeal.com.Au Ltd 0.02% 0.00% 0.1
487 CYL Catalyst Metals Ltd 0.02% 0.00% 0.5
488 CHZ Chesser Resources Ltd 0.02% +0.02% 0.1
489 MCT Metalicity Ltd 0.02% +0.01% 0.0
490 VTG Vita Group Ltd 0.02% -0.31% 0.1
491 MAH Macmahon Holdings Ltd 0.02% 0.00% 0.2
492 HFR Highfield Resources Ltd 0.02% 0.00% 0.4
493 VESG Vanguard Ethically Conscious International Shares INDEX ETF 0.02% +0.02% 0.0
494 ATX Amplia Therapeutics Ltd 0.02% +0.02% 0.1
495 YOJ Yojee Ltd 0.02% +0.02% 0.1
496 BOE Boss Energy Ltd 0.02% 0.00% 0.1
497 LTR Liontown Resources Ltd 0.02% 0.00% 0.1
498 EQT EQT Holdings Ltd 0.02% 0.00% 0.2
499 REH Reece Ltd 0.02% -0.01% 0.2
500 PPC Peet Ltd 0.02% 0.00% 0.6
501 GNM Great Northern Minerals Ltd 0.02% +0.02% 0.1
502 EVO Evolve Education Group Ltd 0.02% 0.00% 0.0
503 SKY SKY Metals Ltd 0.02% 0.00% 0.2
504 TRS The Reject Shop Ltd 0.02% 0.00% 0.0
505 EDE Eden Innovations Ltd 0.02% 0.00% 0.1
506 CGL The Citadel Group Ltd 0.02% +0.01% 0.0
507 SMP Smartpay Holdings Ltd 0.02% 0.00% 0.0
508 AUZ Australian Mines Ltd 0.02% 0.00% 0.1
509 FYI FYI Resources Ltd 0.01% +0.01% 0.0
510 AOF Australian Unity Office Fund 0.01% 0.00% 0.2
511 GTK Gentrack Group Ltd 0.01% +0.01% 0.3
512 ITG Intega Group Ltd 0.01% 0.00% 0.2
513 RHP Rhipe Ltd 0.01% 0.00% 0.0
514 SBR Sabre Resources Ltd 0.01% 0.00% 0.0
515 FML Focus Minerals Ltd 0.01% 0.00% 0.8
516 MWY Midway Ltd 0.01% 0.00% 0.3
517 SMR Stanmore Coal Ltd 0.01% 0.00% 0.3
518 NOX Noxopharm Ltd 0.01% +0.01% 0.0
519 MDR Medadvisor Ltd 0.01% 0.00% 0.0
520 PM8 Pensana Rare EARTHS Plc 0.01% +0.01% 0.0
521 BYE Byron Energy Ltd 0.01% 0.00% 0.2
522 VAH Virgin Australia Holdings Ltd 0.01% 0.00% 0.0
523 LPI Lithium Power International Ltd 0.01% +0.01% 0.0
524 ISD Isentia Group Ltd 0.01% +0.01% 0.0
525 DCC Digitalx Ltd 0.01% +0.01% 0.0
526 FLC Fluence Corporation Ltd 0.01% 0.00% 0.0
527 IFT Infratil Ltd 0.01% 0.00% 0.4
528 SGQ ST George Mining Ltd 0.01% +0.01% 0.0
529 HWK Hawkstone Mining Ltd 0.01% +0.01% 0.0
530 NEW NEW Energy Solar 0.01% 0.00% 0.1
531 SHJ Shine Justice Ltd 0.01% 0.00% 0.3
532 KMD Kathmandu Holdings Ltd 0.01% 0.00% 0.0
533 VDBA Vanguard Diversified Balanced INDEX ETF 0% 0.00% 0.0
534 CTM Centaurus Metals Ltd 0% 0.00% 0.0
535 AU8 Aumake International Ltd 0% 0.00% 0.0
536 ASG Autosports Group Ltd 0% 0.00% 0.1
537 QFE Quickfee Ltd 0% -0.07% 0.0
538 AIM Access Innovation Holdings Ltd 0% 0.00% 0.0
539 OTW Over the Wire Holdings Ltd 0% 0.00% 0.0
540 DTZ DOTZ Nano Ltd 0% 0.00% 0.0
541 RMC Resimac Group Ltd 0% -0.01% 0.1
542 MCY Mercury NZ Ltd 0% 0.00% 3.9
543 JRV Jervois Mining Ltd 0% 0.00% 0.0
544 WBT Weebit Nano Ltd 0% -0.02% 0.0
545 DSK Dusk Group Ltd 0% 0.00% 0.0
546 PEX Peel Mining Ltd 0% 0.00% 0.1
547 SKO Serko Ltd 0% -0.03% 0.1
548 APZ Aspen Group 0% 0.00% 0.1
549 TBR Tribune Resources Ltd 0% 0.00% 0.0
550 PAI Platinum Asia Investments Ltd 0% 0.00% 0.0
551 MNS Magnis Energy Technologies Ltd 0% 0.00% 0.0
552 VVA Viva Leisure Ltd 0% 0.00% 0.0
553 AVJ Avjennings Ltd 0% 0.00% 0.1
554 BSE Base Resources Ltd 0% 0.00% 0.0
555 ICQ Icar Asia Ltd 0% 0.00% 0.0
556 ADN Andromeda Metals Ltd 0% 0.00% 0.0
557 ADA Adacel Technologies Ltd 0% 0.00% 0.0
558 TWR Tower Ltd 0% 0.00% 0.1
559 BKI BKI Investment Company Ltd 0% 0.00% 0.0
560 OMH Om Holdings Ltd 0% 0.00% 0.0
561 AML Aeon Metals Ltd 0% 0.00% 0.0
562 LIT Lithium Australia NL 0% 0.00% 0.0
563 APL Antipodes Global Investment Company Ltd 0% 0.00% 0.0
564 SVH Silver Heritage Group Ltd 0% 0.00% 0.0
565 PGC Paragon Care Ltd 0% 0.00% 0.0
566 MCP Mcpherson's Ltd 0% 0.00% 0.0
567 GMV G Medical Innovations Holdings Ltd 0% 0.00% 0.0
568 YAL Yancoal Australia Ltd 0% 0.00% 0.2
569 PLT Plenti Group Ltd 0% -0.01% 0.0
570 CDA Codan Ltd 0% 0.00% 0.0
571 RAC Race Oncology Ltd 0% 0.00% 0.0
572 FGX Future Generation Investment Company Ltd 0% 0.00% 0.0
573 3PL 3P Learning Ltd 0% 0.00% 0.0
574 PXS Pharmaxis Ltd 0% 0.00% 0.0
575 CXZ Connexion Telematics Ltd 0% 0.00% 0.0
576 EXP Experience Co Ltd 0% 0.00% 0.0
577 EZL EUROZ Ltd 0% 0.00% 0.0
578 LBT LBT Innovations Ltd 0% 0.00% 0.0
579 FMS Flinders Mines Ltd 0% 0.00% 0.0
580 ERD Eroad Ltd 0% 0.00% 0.0
581 SWF Selfwealth Ltd 0% 0.00% 0.0
582 MRC Mineral Commodities Ltd 0% 0.00% 0.0
583 KZR Kalamazoo Resources Ltd 0% 0.00% 0.0
584 IVX Invion Ltd 0% 0.00% 0.0
585 1AD Adalta Ltd 0% 0.00% 0.0
586 SFX Sheffield Resources Ltd 0% 0.00% 0.0
587 RXM REX Minerals Ltd 0% 0.00% 0.0
588 AFP Aft Pharmaceuticals Ltd 0% -0.01% 0.0
589 IOZ Ishares Core S&P/ASX 200 ETF 0% 0.00% 0.0
590 GTN GTN Ltd 0% 0.00% 0.0
591 PGL Prospa Group Ltd 0% 0.00% 0.0
592 WZR Wisr Ltd 0% -0.02% 0.0
593 KRM Kingsrose Mining Ltd 0% 0.00% 0.0
594 SGH Slater & Gordon Ltd 0% 0.00% 0.0
595 SDV Scidev Ltd 0% 0.00% 0.0
596 MOZ Mosaic Brands Ltd 0% 0.00% 0.0
597 AYS Amaysim Australia Ltd 0% 0.00% 0.0
598 WAX Wam Research Ltd 0% 0.00% 0.0
599 RXL ROX Resources Ltd 0% -0.01% 0.0
600 CXL CALIX Ltd 0% 0.00% 0.0
601 SDL Sundance Resources Ltd 0% 0.00% 0.0
602 FID Fiducian Group Ltd 0% 0.00% 0.0
603 TGA Thorn Group Ltd 0% 0.00% 0.0
604 EP1 E&P Financial Group Ltd 0% 0.00% 0.0
605 GRL Godolphin Resources Ltd 0% 0.00% 0.0
606 BLY Boart Longyear Ltd 0% 0.00% 0.0
607 RE1 Resa Group Ltd 0% 0.00% 0.0
608 SF1 Stemify Ltd 0% 0.00% 0.0
609 FRI Finbar Group Ltd 0% 0.00% 0.0
610 WJA Wameja Ltd 0% 0.00% 0.0
611 S2R S2 Resources Ltd 0% 0.00% 0.0
612 MSL MSL Solutions Ltd 0% 0.00% 0.0
613 PGF PM Capital Global Opportunities Fund Ltd 0% 0.00% 0.0
614 RFG Retail Food Group Ltd 0% 0.00% 0.0
615 BKT Black Rock Mining Ltd 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