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 | % Shorted |
| JB HI-FI | JBH | 24.26 |
| MYER | MYR | 12.39 |
| CARSALES.COM | CRZ | 12.03 |
| FLIGHT CENTRE | FLT | 11.71 |
| COCHLEAR | COH | 11.4 |
| FAIRFAX | FXJ | 10.97 |
| DAVID JONES | DJS | 10.83 |
| LYNAS | LYC | 10.61 |
| HARVEY NORMAN | HVN | 9.62 |
| BILLABONG | BBG | 9.6 |
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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. Carsales.com (CRZ)
Stock code: CRZ
Charts: Carsales.com Limited
More news: Carsales.com Limited
4. Flight Centre (FLT)
Stock code: FLT
Charts: Flight Centre Limited
More news: Flight Centre Limited
5. Cochlear (COH)
Stock code: COH
Charts: Cochlear Limited
More news: Cochlear Limited
6. Fairfax (FXJ)
Stock code: FXJ
Charts: Fairfax Limited
More news: Fairfax Limited
7. David Jones (DJS)
Stock code: DJS
Charts: David Jones
More news: David Jones
8. Lynas (LYC)
Stock code: LYC
Charts: Lynas Limited
More news: Lynas Limited
9. Harvey Norman (HVN)
Stock code: HVN
Charts: Harvey Norman Limited
More news: Harvey Norman Limited
10. Billabong (BBG)
Stock code: BBG
Charts: Billabong Limited
More news: Billabong Limited
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.
