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PREVIOUS ARTICLE 18 Share Tips - 8 October 2012 NEXT ARTICLE Stocks on a roll: ASX rolling 52-week highs

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. 

 

CompanyCode% of Shorts
JB HI-FI JBH21.29
FAIRFAX  FXJ13.66
MYER  MYR12.83
FLIGHT CENTREFLT12.03
LYNAS LYC11.35
THE REJECT SHOPTRS10.17
ILUKA ILU9.79
DAVID JONES DJS9.07
HARVEY NORMANHVN8.05
CSR CSR7.73

 

1. JB Hi Fi (JBH)

 

Stock code: JBH

Charts: JB Hi Fi Limited

More news: JB Hi Fi Limited

 

2. Fairfax (FXJ)

 

 

Stock code: FXJ

Charts: Fairfax Limited

More news: Fairfax Limited

 

3. Myer (MYR)

 

Stock code: MYR

Charts: Myer Limited

More news: Myer Limited 

 

4. Flight Centre (FLT)

 

Stock code: FLT

Charts: Flight Centre Limited

More news: Flight Centre Limited

 

5. Lynas (LYC)

 

Stock code: LYC

Charts: Lynas Limited

More news: Lynas Limited

 

6. The Reject Shop (TRS)

 

Stock code: TRS

Charts: The Reject Shop

More news: The Reject Shop

 

7. Iluka (ILU)

 

Stock code: ILU

Charts: Iluka Resources Limited

More news: Iluka Resources Limited

 

8. David Jones (DJS)

 

Stock code: DJS

Charts: David Jones

More news: David Jones

9. Harvey Norman (HVN)

 

Stock code: HVN

Charts: Harvey Norman Limited

More news: Harvey Norman Limited

 

10. CSR Ltd (CSR)

 

Stock code: CSR

Charts: CSR Ltd

More news: CSR Ltd

 

>> 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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