The technique of profiting from a price fall is called short-selling, otherwise known as “shorting,” “to go short” or simply “short.” Basically, short-selling is the reverse of how we’re traditionally taught to invest, to buy at the lowest possible price and sell at the highest. When shorting, you aim to jump in at a high and out at a low – with the sequence of events also in reverse, since you sell first and buy back afterwards. Indeed, as confusing as it sounds, this involves selling something that you don’t already own.

Each day we feature the top 10 shorted stocks on the ASX. In the table below you will find the percentage of each stock shorted and the previous day’s percentage. If you’re interested in more information about each company, further down we have 1-year share price charts, plus links to more charting and news.

 Company  Stock Code  % of shorts
 JB Hi Fi JBH 21.52
 Myer MYR 12.32
 Fairfax FXJ 11.55
 David Jones DJS 10.83
 iShares Sml Ords ISO 10.72
 Billabong BBG 9.56
 Flight Centre FLT 9.23
 Lynas LYC 9.09
 Cochlear COH 8.60
 Harvey Norman HVN 6.87

 

1. JB Hi Fi (JBH)

 

Stock code: JBH

Charts: JB Hi Fi Limited

More news: JB Hi Fi Limited

 

2. Myer (MYR)

 

Stock code: MYR

Charts: Myer Limited

More news: Myer Limited

 

3. Fairfax (FXJ)

 

Stock code: FXJ

Charts: Fairfax Limited

More news: Fairfax Limited

 

4. David Jones (DJS)

 

Stock code: DJS

Charts: David Jones Limited

More news: David Jones Limited 

 

5. iShares Small Ords ETF (ISO)

 

Stock code: ISO

Charts: iShares Small Ords ETF Limited

More news: iShares Small Ords ETF Limited

 

6. Billabong (BBG)

 

Stock code: BBG

Charts: Billabong Limited

More news: Billabong Limited

 

7. Flight Centre (FLT)

 

Stock code: FLT

Charts: Flight Centre Limited

More news: Flight Centre Limited

8. Lynas (LYC)

 

Stock code: LYC

Charts: Lynas Limited

More news: Lynas Limited

 

9. Cochlear (COH)

 

Stock code: COH

Charts: Cochlear Limited

More news: Cochlear Limited

 

10. Harvey Norman (HVN)

 

Stock code: HVN

Charts: Harvey Norman

More news: Harvey Norman

 

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Shorted positions information from ASIC. Charts as at close of last full day’s trade.

Please note that TheBull.com.au simply publishes broker recommendations on this page. The publication of these recommendations does not in any way constitute a recommendation on the part of TheBull.com.au. You should seek professional advice before making any investment decisions.