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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  20.89
FLIGHT CENTRE FLT  13.21
FAIRFAX MEDIA  FXJ  12.44
CARSALES.COM  CRZ  11.58
LYNAS  LYC  10.64
COCHLEAR COH  10.26
ISHARES SMALL ORDS ISO  10.24
ILUKA  ILU  9.86
MYER MYR  9.71
HARVEY NORMAN HVN  9.41

 

1. JB Hi Fi (JBH)

 

Stock code: JBH

Charts: JB Hi Fi Limited

More news: JB Hi Fi Limited

 

2. Flight Centre (FLT)

 

Stock code: FLT

Charts: Flight Centre Limited

More news: Flight Centre Limited

 

3. Fairfax (FXJ)

 

Stock code: FXJ

Charts: Fairfax Limited

More news: Fairfax Limited

 

4. Carsales.com (CRZ)

 

Stock code: CRZ

Charts: Carsales.com

More news: Carsales.com

 

5. Lynas (LYC)

 

Stock code: LYC

Charts: Lynas Limited

More news: Lynas Limited

 

6. Cochlear (COH)

 

Stock code: COH

Charts: Cochlear Limited

More news: Cochlear Limited

 

9. Myer (MYR)

 

Stock code: MYR

Charts: Myer Limited

More news: Myer Limited

 

10. Harvey Norman (HVN)

 

Stock code: HVN

Charts: Harvey Norman Limited

More news: Harvey Norman Limited

 

7. iShares Small Ords (ISO)

 

Stock code: ISO

Charts: iShares Small Ords Limited

More news: iShares Small Ords Limited 

 

8. Iluka (ILU)

 

Stock code: ILU

Charts: Iluka Limited

More news: Iluka 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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