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 20.86
 Myer MYR 12.25
 David Jones DJS 11.67
 Billabong BBG 11.13
 iShares Sml Ords ISO 11.13
 Fairfax FXJ 11.00
 Flight Centre FLT 9.14
 Lynas LYC 8.94
 Cochlear COH 8.81
 Echo Entertainment EGP 7.51

 

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. David Jones (DJS)

 

Stock code: DJS

Charts: David Jones Limited

More news: David Jones Limited 

 

4. Billabong (BBG)

 

Stock code: BBG

Charts: Billabong Limited

More news: Billabong Limited

 

5. iShares Small Ords ETF (ISO)

 

Stock code: ISO

Charts: iShares Small Ords ETF Limited

More news: iShares Small Ords ETF Limited

 

6. Fairfax (FXJ)

 

Stock code: FXJ

Charts: Fairfax Limited

More news: Fairfax 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. Echo Entertainment (EGP)

 

Stock code: EGP

Charts: Echo Entertainment

More news: Echo Entertainment

 

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

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