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 19.36
FLIGHT CENTRE FLT 13.30
FAIRFAX  FXJ 11.14
THE REJECT SHOP TRS 10.85
LYNAS  LYC 10.82
COCHLEAR  COH 10.68
MYER   MYR 10.32
ILUKA  ILU 9.62
HARVEY NORMAN HVN 9.52
DAVID JONES  DJS 9.20

 

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. The Reject Shop (TRS)

 

Stock code: TRS

Charts: The Reject Shop

More news: The Reject Shop

 

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

 

7. Myer (MYR)

 

Stock code: MYR

Charts: Myer Limited

More news: Myer Limited 

 

8. Iluka (ILU)

 

Stock code: ILU

Charts: Iluka Resources Limited

More news: Iluka Resources Limited

 

9. Harvey Norman (HVN)

 

Stock code: HVN

Charts: Harvey Norman Limited

More news: Harvey Norman Limited

 

10. David Jones (DJS)

 

Stock code: DJS

Charts: David Jones

More news: David Jones

 

>> 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.

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.