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

 

 

Top Australian Brokers

 

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.