Short Selling

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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: 11 Apr 2019

Code Company Short Week Mvt Days to Cover
1 GXY Galaxy Resources 17.26% +0.15% 42.3
2 SYR Syrah Resources 16.71% +0.85% 11.9
3 JBH JB Hi-Fi Limited 15.45% -0.02% 48.7
4 ING Inghams Group 15.43% -2.15% 25.4
5 NXT NEXTDC Limited 14.78% +1.97% 36.3
6 NUF Nufarm Limited 14.35% +0.34% 21.9
7 BAL Bellamy's Australia 11.95% +0.75% 6.2
8 MTS Metcash Limited 11.71% -0.18% 58.3
9 ORE Orocobre Limited 11.57% -0.17% 30.4
10 BWX BWX Limited 10.89% -0.36% 53.6
11 SDA Speedcast Int Limited 10.74% +0.07% 40.0
12 IVC Invocare Limited 9.99% +0.28% 36.2
13 SUL Super Ret Rep Limited 9.76% 0.00% 42.0
14 IFL IOOF Holdings Limited 9.54% +0.51% 31.8
15 DMP Domino PIZZA Enterpr 9.39% -0.16% 32.8
16 PPT Perpetual Limited 9.36% +0.07% 15.3
17 HVN Harvey Norman 9.27% +0.04% 34.0
18 MYR Myer Holdings Limited 9.12% -0.13% 21.2
19 PLS Pilbara Min Limited 9.09% +0.18% 32.1
20 BOQ Bank of Queensland 9.08% +1.17% 8.5
21 CSR CSR Limited 8.93% -0.07% 20.8
22 KGN Kogan.com Limited 8.69% +0.39% 9.6
23 AMC Amcor Limited 8.51% +0.29% 27.4
24 BKL Blackmores Limited 8.24% -0.33% 8.2
25 RWC Reliance Worldwide 8.06% +0.46% 21.1
26 SGM Sims Metal MGMT Limited 7.66% +0.68% 10.1
27 BIN Bingo Industries Limited 7.65% +1.00% 14.8
28 HUB HUB24 Limited 7.52% +0.08% 22.1
29 BGA Bega Cheese Limited 6.78% +0.69% 22.7
30 QIN Quintis Limited 6.7% 0.00% 0.0
31 AMP AMP Limited 6.4% -0.14% 24.5
32 MSB Mesoblast Limited 6.21% +0.07% 27.8
33 WSA Western Areas Limited 5.92% +0.08% 19.1
34 BEN Bendigo and Adelaide 5.88% -0.41% 16.7
35 CGF Challenger Limited 5.86% -0.09% 16.8
36 DHG Domain Holdings Aus 5.79% -0.92% 18.3
37 KDR Kidman Resources Limited 5.59% -0.15% 14.6
38 RSG Resolute Mining 5.49% -0.29% 9.0
39 COE Cooper Energy Limited 5.42% +0.27% 46.9
40 GMA Genworth Mortgage 5.22% +0.16% 95.1
41 HT1 HT&E Limited 5.21% -0.04% 56.0
42 LNG Liquefied Natural 5.18% +0.10% 71.2
43 CGC Costa Group Holdings 5.12% +0.47% 11.3
44 RIO RIO Tinto Limited 5.04% -0.34% 12.4
45 CTD Corp Travel Limited 4.88% +0.15% 28.6
46 MLX Metals X Limited 4.88% +0.35% 7.0
47 CAR Carsales.com Limited 4.86% -0.17% 15.4
48 NEC Nine Entertainment 4.82% +0.24% 6.3
49 CLH Collection House 4.8% 0.00% 39.3
50 FLT Flight Centre Travel 4.75% +0.34% 10.8
51 CLQ Clean TEQ Holdings Limited 4.68% -0.07% 28.6
52 KAR Karoon Energy Limited 4.65% -0.07% 34.4
53 A2M The a2 Milk Company 4.63% -0.30% 11.6
54 ARB ARB Corporation 4.63% -0.03% 33.5
55 NAN Nanosonics Limited 4.6% -0.03% 15.3
56 WGX Westgold Resources 4.38% +0.01% 18.2
57 APT Afterpay Touch 4.35% -0.43% 5.2
58 IMF IMF Bentham Limited 4.28% +0.09% 36.2
59 A2B A2B Australia Limited 4.22% -0.01% 10.3
60 RHC Ramsay Health Care 4.18% +0.03% 32.5
61 NWS News Corp Class B Voting Common Stock-Cdi 1:1 4.16% +0.52% 17.2
62 RCR RCR Tomlinson 4.15% +0.02% 0.0
63 VOC Vocus Group Limited 4.15% -0.05% 15.6
64 DCN Dacian Gold Limited 4.05% +0.18% 19.3
65 AAC Australian Agricult 4.04% +0.01% 42.8
66 JHX James Hardie Indust Chess Depositary Interests 1:1 3.98% +0.24% 14.6
67 SXY SENEX Energy Limited 3.93% +0.28% 41.8
68 ALG Ardentleisuregrpltd 3.9% +0.33% 12.3
69 SEK Seek Limited 3.86% -0.01% 18.6
70 SAR Saracen Mineral 3.74% -0.15% 5.2
71 MRM Mmaoffshor 3.69% 0.00% 127.9
72 SKI Spark Infrastructure Stapled $0.65 Loan Note and Unit US Prohib 3.66% +0.13% 15.2
73 BHP BHP Group Limited 3.6% -0.13% 19.6
74 WHC Whitehaven Coal 3.58% +1.05% 2.9
75 PNI Pinnacle Investment 3.55% -0.14% 16.4
76 NWL Netwealth Group 3.53% +0.11% 13.5
77 GEM G8 Education Limited 3.52% +0.32% 5.6
78 MLD Maca Limited 3.48% -0.05% 36.5
79 GOR Gold Road Res Limited 3.42% 0.00% 34.4
80 SFR Sandfire Resources 3.41% +0.07% 6.9
81 CCP Credit Corp Group 3.36% -1.26% 9.3
82 NCK Nick Scali Limited 3.29% +0.07% 20.0
83 ASL Ausdrill Limited 3.21% +0.06% 12.5
84 LYC Lynas Corporation 3.19% -0.47% 6.2
85 SLC Superloop Limited 3.15% +0.06% 32.1
86 NCZ New Century Resource 3.13% +0.17% 11.5
87 ECX Eclipx Group Limited 3.1% -0.38% 1.5
88 GWA GWA Group Limited 3.07% +0.14% 15.5
89 TAH Tabcorp Holdings Limited 3.07% -0.10% 8.8
90 ALX Atlas Arteria FP Ordinary Stapled Securities 2.92% -0.03% 13.1
91 CQR Charter Hall Retail Units FP 2.88% -1.26% 14.2
92 JHC Japara Healthcare LT 2.86% +0.06% 18.6
93 WOW Woolworths Group Limited 2.84% +0.05% 20.4
94 LLC Lendlease Group FP Ordinary/Units Stapled Securities 2.81% +0.20% 8.5
95 WGN Wagners HLD Company 2.72% +0.07% 51.1
96 MIN Mineral Resources 2.69% +0.03% 4.8
97 SNZ Summerset Group Holdings Foreign Exempt NZX 2.63% +0.01% 2,582.6
98 AOG Aveo Group FP Ordinary/Units Stapled Securities 2.62% -0.13% 14.5
99 PTM Platinum Asset 2.59% -0.09% 11.4
100 ANN Ansell Limited 2.58% +0.24% 8.1
101 MPL Medibank Private Limited 2.57% 0.00% 16.3
102 API Australian Pharm 2.57% -0.08% 11.8
103 AHG Automotive Holdings 2.51% -0.46% 5.7
104 MND Monadelphous Group 2.5% -0.42% 5.5
105 HLS Healius 2.47% +0.05% 8.3
106 LOV Lovisa Holdings Limited 2.47% +0.15% 6.0
107 REA REA Group 2.46% +0.16% 19.0
108 TNE Technology One 2.46% +0.08% 8.8
109 TWE Treasury Wine Estate 2.42% -0.34% 4.9
110 RRL Regis Resources 2.37% -0.07% 6.0
111 SPL Starpharma Holdings 2.29% +0.04% 12.2
112 AWC Alumina Limited 2.24% +0.09% 6.1
113 RFG Retail Food Group 2.19% -0.10% 9.7
114 INR Ioneer Limited 2.19% +0.08% 16.3
115 NVT Navitas Limited 2.18% +0.83% 3.2
116 OML Ooh!Media Limited 2.17% +0.26% 9.1
117 PGH Pact Group Holdings Limited 2.16% -0.24% 4.0
118 WBC Westpac Banking Corp 2.14% +0.14% 14.2
119 SKC Skycity Ent Group Limited Foreign Exempt NZX 2.13% -0.07% 37.6
120 CTX Caltex Australia 2.11% +0.55% 3.2
121 WOR Worleyparsons Limited 2.1% -0.09% 9.8
122 DLX Duluxgroup Limited 2.1% -0.25% 2.1
123 SVW Seven Group Holdings 2.03% +0.01% 16.8
124 CBA Commonwealth Bank 2.01% -0.04% 12.8
125 WTC Wisetech Global Limited 2% -0.09% 11.8
126 WES Wesfarmers Limited 2% -0.15% 14.4
127 IGO Independence Group 1.98% -0.52% 6.5
128 IFN Infigen Energy FP Ordinary/Units Stapled Securities 1.96% -0.11% 14.8
129 BAP Bapcor Limited 1.96% -0.18% 4.8
130 IRI Integrated Research 1.93% 0.00% 6.3
131 SBM ST Barbara Limited 1.89% -0.14% 2.6
132 FAR FAR Limited 1.89% +0.01% 71.2
133 SGP Stockland FP Ordinary/Units Stapled Securities 1.85% -0.08% 8.8
134 COL Coles Group 1.84% -0.18% 12.8
135 JMS Jupiter Mines 1.82% +0.02% 17.7
136 MGR Mirvac Group FP Ordinary/Units Stapled Securities 1.82% -0.04% 6.9
137 PNC Pioneer Credit Limited 1.78% +0.44% 4.9
138 FNP Freedom Food Limited 1.75% +0.12% 25.2
139 GUD G.U.D. Holdings 1.71% +0.05% 5.2
140 DOW Downer Edi Limited 1.63% -0.01% 7.3
141 AMA AMA Group Limited 1.62% -0.07% 8.1
142 REG Regis Healthcare Limited 1.61% +0.02% 29.6
143 AYS Amaysim Aus Limited 1.6% -0.07% 30.2
144 TCL Transurban Group FP Ordinary/Units Stapled Securities 1.59% -0.09% 8.3
145 SDF Steadfast Group Limited 1.55% +0.03% 10.6
146 FBU Fletcher Building Foreign Exempt NZX 1.54% +0.03% 21.3
147 CCL Coca-Cola Amatil 1.54% -0.06% 7.8
148 PNV Polynovo Limited 1.53% +0.14% 5.0
149 TGR Tassal Group Limited 1.51% +0.72% 5.7
150 LNK Link Admin HLDG 1.46% -0.11% 4.9
151 FXL Flexigroup Limited 1.45% +0.13% 12.2
152 MFG Magellan Fin Group Limited 1.43% +0.23% 3.9
153 SHL Sonic Healthcare 1.43% +0.12% 8.3
154 FMG Fortescue Metals Group 1.38% -0.13% 2.3
155 S32 SOUTH32 Limited 1.35% +0.23% 3.8
156 NST Northern Star 1.31% +0.25% 2.7
157 DXS Dexus FP Units Stapled Securities 1.3% -0.09% 7.4
158 SEA Sundance Energy 1.29% +0.16% 5.5
159 AST Ausnet Services Limited 1.29% 0.00% 17.3
160 EHL Emeco Holdings 1.29% +0.22% 3.7
161 CWN Crown Resorts Limited 1.28% -0.34% 3.9
162 VEA Viva Energy Group 1.25% -0.06% 9.6
163 SYD SYD Airport FP Ordinary/Units Stapled Securities 1.24% -0.43% 3.2
164 ANZ ANZ Banking Group Limited 1.23% -0.09% 7.9
165 IPD Impedimed Limited 1.22% -0.17% 10.5
166 MMS Mcmillan Shakespeare 1.19% -0.28% 2.8
167 SOL Soul Pattinson (W.H) 1.19% -0.05% 9.0
168 ASX ASX Limited 1.18% -0.10% 10.6
169 SIG Sigma Health Limited 1.18% 0.00% 5.6
170 JHG Janus Henderson Chess Depositary Interests 1:1 1.18% -0.33% 1.0
171 RMS Ramelius Resources 1.17% +0.41% 3.5
172 NSR National Storage FP Ordinary/Units Stapled Securities 1.16% -0.72% 4.8
173 SCP Sca Property Group FP Units Stapled Securities 1.16% -0.17% 5.6
174 NHF Nib Holdings Limited 1.09% +0.05% 7.5
175 QBE QBE Insurance Group 1.08% -0.12% 4.7
176 AJM Altura Mining Limited 1.08% +0.05% 11.2
177 CL1 Class Limited 1.08% -0.23% 7.6
178 OFX OFX Group Limited 1.07% -0.05% 9.5
179 BLA Blue Sky Limited 1.06% -0.39% 2.3
180 NAB National Aust. Bank 1.05% +0.07% 6.0
181 MYX Mayne Pharma Limited 1.04% -0.09% 2.8
182 QUB QUBE Holdings Limited 1.01% +0.21% 5.4
183 AGI Ainsworth Game Tech 1.01% -0.04% 12.0
184 RMD Resmed Inc Cdi 10:1 Foreign Exempt NYSE 1.01% -0.19% 3.1
185 BRG Breville Group Limited 0.99% -0.24% 6.9
186 GCY Gascoyne Res Limited 0.99% +0.05% 4.8
187 CMW Cromwell Prop FP Ordinary/Units Stapled Securities 0.98% +0.08% 7.5
188 CYB CYBG Plc Cdi 1:1 Foreign Exempt Lse 0.98% -0.34% 3.0
189 AGL AGL Energy Limited 0.97% +0.05% 3.2
190 EHE Estia Health Limited 0.94% +0.03% 2.7
191 ARQ ARQ Group Limited 0.94% -0.02% 13.1
192 SIV Silver Chef Limited 0.94% 0.00% 2.4
193 NEA Nearmap Limited 0.94% +0.02% 0.8
194 EML EML Payments Limited 0.93% -0.01% 7.8
195 AZJ Aurizon Holdings Limited 0.93% -0.26% 2.9
196 BLX Beacon Lighting Group 0.92% 0.00% 75.9
197 BPT Beach Energy Limited 0.92% +0.11% 4.8
198 DDR Dicker Data Limited 0.91% +0.07% 18.8
199 TPM TPG Telecom Limited 0.91% +0.05% 10.0
200 PLG Propertylink Group Stapled Securities US Prohibited 0.9% 0.00% 0.0
201 BWP BWP Trust Ordinary Units FP 0.9% -0.79% 6.3
202 CPU Computershare Limited 0.88% 0.00% 5.1
203 WEB Webjet Limited 0.88% +0.15% 2.4
204 MOC Mortgage Choice Limited 0.86% -0.02% 16.0
205 ISU Iselect Limited 0.86% -0.05% 4.3
206 AHY Asaleo Care Limited 0.84% +0.06% 11.4
207 SPK Spark New Zealand Foreign Exempt NZX 0.83% 0.00% 21.7
208 EWC Energy World Corpor 0.82% 0.00% 17.4
209 ORI Orica Limited 0.81% -0.08% 3.6
210 CUV Clinuvel Pharmaceut 0.8% +0.22% 7.4
211 ELD Elders Limited 0.79% +0.15% 2.2
212 PDL Pendal Group Limited 0.78% -0.10% 1.5
213 IEL Idp Education Limited 0.77% +0.01% 3.2
214 NCM Newcrest Mining 0.75% -0.09% 1.8
215 COH Cochlear Limited 0.73% -0.02% 1.3
216 ORG Origin Energy 0.71% 0.00% 2.8
217 SLK Sealink Travel Group 0.7% +0.01% 9.2
218 CWY Cleanaway Waste Limited 0.69% +0.12% 1.3
219 NWSLV News Corp Class A Non-Voting Common Stock-Cdi 1:1 0.69% -0.22% 0.0
220 ADH Adairs Limited 0.69% +0.03% 4.0
221 MNY MONEY3 Corporation 0.68% 0.00% 10.0
222 SGR The Star Ent Group 0.67% -0.12% 1.7
223 SWM Seven West Media Limited 0.67% -0.03% 2.2
224 CIM Cimic Group Limited 0.66% +0.04% 5.8
225 PRU Perseus Mining Limited 0.65% +0.05% 3.0
226 ALL Aristocrat Leisure 0.65% -0.05% 3.4
227 ABC Adelaide Brighton 0.65% -0.04% 4.1
228 BUB Bubs Aust Limited 0.64% +0.16% 2.6
229 BKW Brickworks Limited 0.63% +0.04% 4.2
230 WPL Woodside Petroleum 0.62% -0.02% 3.1
231 TLS Telstra Corporation 0.62% -0.02% 2.8
232 NZM NZME Limited Foreign Exempt NZX 0.6% +0.01% 23.2
233 CQE Charter Hall Edu TR Units FP 0.57% +0.01% 3.3
234 APX Appen Limited 0.57% +0.05% 1.3
235 S2R S2 Resources 0.56% 0.00% 10.3
236 OZL OZ Minerals 0.56% -0.44% 1.5
237 PPS Praemium Limited 0.54% +0.20% 1.1
238 SHV Select Harvests 0.53% -0.12% 5.1
239 PDN Paladin Energy Limited 0.53% +0.07% 2.9
240 HPI Hotel Property FP Ordinary/Units Stapled Securities 0.53% +0.02% 14.0
241 WPP WPP AUNZ Limited 0.53% -0.01% 41.2
242 SSM Service Stream 0.52% -0.02% 2.0
243 TGA Thorn Group Limited 0.5% -0.09% 3.1
244 SCG Scentre Group FP Ordinary/Units Stapled Securities 0.5% +0.13% 2.8
245 BBN Baby Bunting Group Limited 0.49% +0.01% 2.0
246 MYS Mystate Limited 0.48% +0.01% 6.1
247 VCX Vicinity Centres FP Ordinary/Units Stapled Securities 0.48% +0.18% 2.0
248 LVT Livetiles Limited 0.47% +0.04% 1.4
249 IPL Incitec Pivot 0.47% +0.15% 1.8
250 NHC New Hope Corporation 0.46% 0.00% 1.8
251 OSH Oil Search Limited 10 Toea 0.44% -0.18% 2.4
252 GNC Graincorp Limited Class A 0.43% -0.29% 2.2
253 CSL CSL Limited 0.43% +0.08% 2.4
254 AMI Aurelia Metals Limited 0.41% -0.05% 1.0
255 IAG Insurance Australia 0.41% +0.07% 2.0
256 CVN Carnarvon Petroleum 0.41% +0.03% 3.5
257 GPT GPT Group FP Ordinary/Units Stapled Securities 0.4% -0.40% 1.0
258 ACR ACRUX Limited 0.4% 0.00% 5.5
259 SUN Suncorp Group Limited 0.37% -0.10% 2.0
260 EVN Evolution Mining Limited 0.36% +0.25% 0.8
261 BLD Boral Limited 0.36% -0.02% 0.9
262 IPH IPH Limited 0.36% -0.04% 0.7
263 CAT Catapult Group Int Limited 0.36% -0.05% 2.1
264 WHA Wattle Health Au Limited 0.36% +0.07% 2.6
265 BGL Bellevue Gold Limited 0.35% +0.03% 2.3
266 APA APA Group FP Units Stapled Securities 0.35% -0.03% 2.2
267 GMG Goodman Group FP Ordinary/Units Stapled Securities 0.35% -0.03% 1.8
268 CLW CHTR H LWR FP Units Stapled Securities 0.35% +0.04% 2.9
269 BSL Bluescope Steel Limited 0.34% +0.09% 0.8
270 FCC First Cobalt Corp Chess Depositary Interests 1:1 0.33% 0.00% 0.2
271 MGX Mount Gibson Iron 0.33% +0.17% 0.9
272 CHC Charter Hall Group Stapled Securities US Prohibited 0.33% -0.15% 0.9
273 TRS The Reject Shop 0.33% +0.05% 5.8
274 Z1P ZIP Co Limited 0.33% -0.39% 0.2
275 PAN Panoramic Resources 0.33% +0.19% 1.8
276 LON Longtable Group Limited 0.32% -0.18% 3.1
277 SKT Sky Network 0.32% -0.05% 7.2
278 MOD MOD Resources Limited 0.32% +0.01% 10.1
279 CLA Celsius Resource Limited 0.31% +0.04% 1.7
280 ATS Australis Oil & Gas 0.3% -0.01% 5.0
281 PME Pro Medicus Limited 0.3% +0.03% 2.3
282 SIQ Smartgrp Corporation 0.3% -0.02% 0.4
283 HFR Highfield Res Limited 0.29% 0.00% 15.1
284 ARV Artemis Resources 0.29% +0.01% 3.9
285 SRV Servcorp Limited 0.29% 0.00% 6.6
286 SLR Silver Lake Resource 0.29% -2.68% 0.9
287 AUZ Australian Mines Limited 0.29% -0.02% 1.9
288 IRE Iress Limited 0.27% +0.01% 1.3
289 URW Unibailrodawestfield Chess Depositary Interests 20:1 0.27% +0.04% 1.1
290 SGF SG Fleet Group Limited 0.27% -0.02% 4.0
291 PGC Paragon Care Limited 0.27% +0.02% 6.0
292 FPH Fisher & Paykel H Foreign Exempt NZX 0.26% -0.01% 6.6
293 OGC Oceanagold Corp Chess Depositary Interest 1:1 0.26% +0.23% 0.9
294 FBR FBR Limited 0.26% 0.00% 2.8
295 MQG Macquarie Group Limited 0.26% -0.01% 1.7
296 AUB AUB Group Limited 0.26% -0.06% 3.8
297 CDD Cardno Limited 0.25% 0.00% 6.4
298 VLW Villa World Limited 0.25% -0.06% 2.2
299 AVN Aventus Group FP Ordinary/Units Stapled Securities 0.25% +0.03% 2.9
300 QAN Qantas Airways 0.24% -0.03% 0.8
301 CDV Cardinal Reso Limited 0.24% -0.03% 7.1
302 HSO Healthscope Limited 0.24% -0.07% 0.6
303 XRO Xero Limited 0.23% -0.04% 1.3
304 BKY Berkeley Energia Limited 0.23% -0.01% 5.0
305 PMV Premier Investments 0.23% -0.05% 1.7
306 EPW Erm Power Limited 0.23% +0.01% 4.1
307 RHT Resonance Health 0.22% 0.00% 0.2
308 A40 Alliance Mineral 0.22% -0.05% 5.0
309 MNF MNF Group Limited 0.21% 0.00% 3.3
310 ELO Elmo Software 0.21% +0.03% 1.5
311 CIP Centuria I REIT Ordinary Units FP 0.21% -0.53% 5.9
312 PNR Pantoro Limited 0.2% 0.00% 2.9
313 BXB Brambles Limited 0.2% -0.07% 1.1
314 SXL STHN Cross Media 0.19% +0.03% 0.6
315 ISX Isignthis Limited 0.19% 0.00% 1.5
316 MNS Magnis Energy Tech 0.18% 0.00% 4.7
317 JRV Jervois Mining 0.18% +0.09% 0.8
318 ERA Energy Resources 'A' 0.18% 0.00% 3.0
319 3PL 3P Learning Limited 0.17% 0.00% 1.0
320 VVR Viva Energy REIT FP Ordinary/Units Stapled Securities 0.17% 0.00% 0.9
321 GOZ Growthpoint Property FP Ordinary/Units Stapled Securities 0.17% -0.73% 3.2
322 BOT Botanix Pharma Limited 0.16% 0.00% 3.1
323 ILU Iluka Resources 0.16% -0.04% 0.3
324 AQG Alacer Gold Corp Chess Depositary Interests 1:1 0.16% +0.11% 0.9
325 MVP Medical Developments 0.16% 0.00% 0.6
326 VRL Village Roadshow Limited 0.16% -0.03% 1.0
327 INA Ingenia Group FP Ordinary/Units Stapled Securities 0.16% -0.03% 3.0
328 BTH Bigtincan Holdings Limited 0.15% 0.00% 0.2
329 IGL Ivegroup 0.15% 0.00% 1.0
330 FLC Fluence Corporation 0.15% -0.04% 1.8
331 RFF Rural Funds Group FP Units Stapled Securities 0.15% -0.11% 2.2
332 BVS Bravura Solution Limited 0.15% -0.02% 0.3
333 AXP Airxpanders Inc Chess Depository Interests 1:3 0.14% 0.00% 0.0
334 EVT Event Hospitality 0.14% 0.00% 3.5
335 MYO Myob Group Limited 0.14% -0.24% 0.3
336 VTG Vita Group Limited 0.13% 0.00% 0.5
337 ALU Altium Limited 0.13% -0.08% 0.4
338 STO Santos Limited 0.13% -0.03% 0.7
339 CWP Cedar Woods Prop 0.13% +0.01% 1.8
340 RIC Ridley Corporation 0.12% 0.00% 4.3
341 HSN Hansen Technologies 0.12% +0.01% 1.1
342 SFX Sheffield Res Limited 0.12% -0.05% 1.7
343 TME Trade Me Group Foreign Exempt NZX 0.11% +0.02% 0.5
344 MHJ Michael Hill Int 0.11% -0.02% 2.1
345 AX1 Accent Group Limited 0.11% 0.00% 0.8
346 BRU Buru Energy 0.1% 0.00% 2.1
347 ABP Abacus Property Group FP Ordinary/Units Stapled Securities 0.1% 0.00% 1.5
348 PLL Piedmont Lithium Limited 0.1% 0.00% 0.4
349 NWH NRW Holdings Limited 0.09% -0.19% 0.2
350 TTT Titomic Limited 0.08% 0.00% 0.3
351 RBL Redbubble Limited 0.08% -0.08% 1.1
352 DSE Dropsuite Limited 0.08% 0.00% 1.5
353 CNU Chorus Limited Foreign Exempt NZX 0.08% +0.01% 1.0
354 RVA Reva Medical Inc Cdi 10:1 0.08% 0.00% 3.4
355 CCV Cash Converters 0.08% 0.00% 0.2
356 VRT Virtus Health Limited 0.08% +0.01% 0.4
357 HUO Huon Aquaculture Group 0.07% 0.00% 1.3
358 ASB Austal Limited 0.07% 0.00% 0.2
359 ATL Apollo Tourism 0.07% 0.00% 1.4
360 REH Reece Limited 0.07% 0.00% 4.5
361 EXL Elixinol Global 0.07% 0.00% 0.1
362 MVF Monash Ivf Group Limited 0.06% +0.03% 0.4
363 BUD Buddy Tech 0.06% -0.02% 0.7
364 ATX Amplia Therapeutics 0.06% +0.06% 4.5
365 OVH Onevue Holdings Limited 0.05% 0.00% 0.7
366 ORA Orora Limited 0.05% -0.32% 0.1
367 AVH Avita Medical Limited 0.05% +0.05% 0.1
368 WAF West African Res Limited 0.05% 0.00% 0.3
369 BRN Brainchip Limited 0.05% 0.00% 0.2
370 LEP Ale Property Group FP Ordinary/Units Stapled Securities 0.05% 0.00% 2.2
371 CDU Cudeco Limited 0.05% 0.00% 0.0
372 TGS Tiger Resources 0.05% 0.00% 0.0
373 NGI Navigator Global Limited 0.05% -0.03% 0.3
374 GDI GDI Property Group FP Ordinary/Units Stapled Securities 0.05% +0.01% 1.0
375 AIA Auckland Internation Foreign Exempt NZX 0.04% 0.00% 4.4
376 HZN Horizon Oil Limited 0.04% 0.00% 1.2
377 TER Terracom Limited 0.04% -0.01% 0.5
378 DNA Donaco International 0.04% -0.02% 0.4
379 AC8 Auscann Group HLGS Limited 0.04% 0.00% 0.1
380 BSE Base Res Limited 0.04% +0.03% 1.7
381 ALQ Als Limited 0.03% -0.04% 0.2
382 ICQ Icar Asia Limited 0.03% 0.00% 0.6
383 TGN Tungsten Min NL 0.03% 0.00% 1.0
384 CMA Centuria Metro REIT Ordinary Units FP 0.03% +0.01% 0.2
385 RKN Reckon Limited 0.03% 0.00% 0.4
386 DCG Decmil Group Limited 0.03% 0.00% 0.2
387 SPT Splitit 0.03% +0.01% 0.0
388 APE A.P. Eagers Limited 0.03% -0.02% 0.6
389 LPI Lithium PWR Int Limited 0.03% 0.00% 0.4
390 ARF Arena REIT FP Ordinary/Units Stapled Securities 0.03% 0.00% 0.4
391 AKP Audio Pixels Limited 0.03% 0.00% 1.4
392 NIC Nickelmineslimited 0.03% -0.03% 0.6
393 GSW Getswift Limited 0.03% 0.00% 0.2
394 MAH Macmahon Holdings 0.03% 0.00% 0.2
395 ADI Apn Industria REIT FP Ordinary/Units Stapled Securities 0.03% 0.00% 0.7
396 MMJ MMJ Group HLDS Limited 0.02% 0.00% 0.2
397 FSF Fonterra Share Fund Ordinary Units FP Foreign Exempt NZX 0.02% +0.02% 2.1
398 CKF Collins Foods Limited 0.02% -0.02% 0.1
399 SLX SILEX Systems 0.02% 0.00% 0.2
400 BLY Boart Longyear 0.02% 0.00% 7.4
401 MML Medusa Mining Limited 0.02% 0.00% 0.5
402 ZEL Z Energy Limited Foreign Exempt NZX 0.02% +0.01% 12.7
403 PRT Prime Media Group Limited 0.02% 0.00% 0.3
404 GWR GWR Group Limited 0.02% 0.00% 3.5
405 MYL Myanmar Metals 0.02% 0.00% 0.2
406 4DS 4DS Memory Limited 0.02% +0.01% 0.0
407 TLG Talga Resources 0.02% 0.00% 0.4
408 EBO Ebos Group Limited 0.02% 0.00% 371.9
409 GLL Galilee Energy Limited 0.02% 0.00% 0.1
410 WBA Webster Limited 0.01% 0.00% 2.4
411 CGL The Citadel Group 0.01% 0.00% 0.1
412 CAN Cann Group Limited 0.01% 0.00% 0.0
413 XIP Xenith IP Group Limited 0.01% 0.00% 0.0
414 LVH Livehire Limited 0.01% +0.01% 0.2
415 HAS Hastings Tech Met 0.01% 0.00% 0.1
416 TOE Toro Energy Limited 0.01% 0.00% 0.6
417 FWD Fleetwood Corp 0.01% 0.00% 0.1
418 NBL Noni B Limited 0.01% 0.00% 0.2
419 NEU Neuren Pharmaceut 0.01% 0.00% 0.1
420 AVZ AVZ Minerals Limited 0.01% 0.00% 0.0
421 OMH Om Holdings Limited 10c 0.01% 0.00% 0.4
422 SM1 Synlait Milk Limited Foreign Exempt NZX 0.01% 0.00% 0.2
423 SVL Silver Mines Limited 0.01% 0.00% 0.0
424 PPE Peopleinfrastructure 0.01% +0.01% 0.1
425 KMD Kathmandu Hold Limited 0.01% +0.01% 0.1
426 NUH Nuheara Limited 0.01% 0.00% 0.0
427 IMD IMDEX Limited 0.01% 0.00% 0.0
428 EOS Electro Optic SYS 0.01% +0.01% 0.1
429 MEZ Meridian Energy Foreign Exempt NZX 0% 0.00% 2.6
430 TPE Tpi Enterprises 0% 0.00% 0.1
431 CIA Champion Iron Limited 0% 0.00% 0.0
432 ASG Autosports Group Limited 0% -0.50% 0.6
433 BAT Battery Minerals Limited 0% 0.00% 0.0
434 ATU Atrum Coal Limited 0% 0.00% 0.1
435 JIN Jumbo Interactive 0% -0.04% 0.0
436 ISD Isentia Group Limited 0% 0.00% 0.0
437 BRB Breaker Res NL 0% 0.00% 0.0
438 TAR Taruga Minerals 0% 0.00% 0.1
439 EGS Eastern Goldfields 0% 0.00% 0.0
440 ALK Alkane Resources Limited 0% 0.00% 0.0
441 LNU Linius Tech Limited 0% 0.00% 0.0
442 IFM Infomedia Limited 0% 0.00% 0.0
443 BDR Beadell Resource Limited 0% 0.00% 0.0
444 VAH Virgin Aus HLDG Limited 0% 0.00% 0.5
445 YAL Yancoal Aust Limited 0% 0.00% 3.3
446 MGC MG Unit Trust Ordinary Units FP 0% 0.00% 0.0
447 WLD Wellard Limited 0% 0.00% 0.0
448 MOE Moelis Australia Limited 0% -0.01% 0.1
449 SVH Silver Heritage Group 0% 0.00% 0.0
450 DWS DWS Limited 0% 0.00% 0.0
451 RHP Rhipe Limited 0% 0.00% 0.0
452 AQZ Alliance Aviation 0% 0.00% 0.0
453 ARI Acn 004410833 Limited 0% 0.00% 0.0
454 AIZ Air New Zealand Foreign Exempt NZX 0% 0.00% 0.0
455 SGH Slater & Gordon 0% 0.00% 0.0
456 VHY VNGD Aus High Yield ETF Units FP 0% 0.00% 0.0
457 SDL Sundance Resources 0% 0.00% 0.0
458 GBT GBST Holdings 0% 0.00% 0.0
459 RDC Redcape Hotel Group FP Units Stapled Securities 0% 0.00% 0.0
460 STL Stargroup Limited 0% 0.00% 0.0
461 ESV Eservglobal Limited 0% 0.00% 0.0
462 CSV CSG Limited 0% 0.00% 0.0
463 FOD The Food Revolution 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