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 | Code | % of Shorts |
| JB HI-FI | JBH | 23.74 |
| MYER | MYR | 11.7 |
| COCHLEAR | COH | 11.63 |
| FLIGHT CENTRE | FLT | 11.6 |
| CARSALES.COM | CRZ | 11.44 |
| ISHARES SMALL ORDS | ISO | 11.41 |
| FAIRFAX | FXJ | 11.16 |
| DAVID JONES | DJS | 10.71 |
| LYNAS | LYC | 10.1 |
| BILLABONG | BBG | 9.63 |
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. Cochlear (COH)
Stock code: COH
Charts: Cochlear Limited
More news: Cochlear Limited
4. Flight Centre (FLT)
Stock code: FLT
Charts: Flight Centre Limited
More news: Flight Centre Limited
5. Carsales.com (CRZ)
Stock code: CRZ
Charts: Carsales.com
More news: Carsales.com
6. iShares Small Ords (ISO)
Stock code: ISO
Charts: iShares Small Ords Limited
More news: iShares Small Ords Limited
7. Fairfax (FXJ)
Stock code: FXJ
Charts: Fairfax Limited
More news: Fairfax Limited
8. David Jones (DJS)
Stock code: DJS
Charts: David Jones Limited
More news: David Jones Limited
9. Lynas (LYC)
Stock code: LYC
Charts: Lynas Limited
More news: Lynas Limited
10. Billabong (BBG)
Stock code: BBG
Charts: Billabong Limited
More news: Billabong Limited
>> Click here to read other articles from this week’s newsletter
Shorted positions information from ASIC. Charts as at close of last full day’s trade.
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