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, compiled from data from ASIC. In the table below you will find the cumulative percentage of outstanding shorts for each stock. 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 | 21.87 |
| FAIRFAX | FXJ | 16.25 |
| MYER | MYR | 15.14 |
| ILUKA | ILU | 13.56 |
| FLIGHT CENTRE | FLT | 12.27 |
| LYNAS | LYC | 11.88 |
| HARVEY NORMAN | HVN | 10.73 |
| REJECT SHOP | TRS | 10.17 |
| DAVID JONES | DJS | 9.88 |
| CSR | CSR | 8.79 |
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. Iluka (ILU)
Stock code: ILU
Charts: Iluka Resources Limited
More news: Iluka Resources Limited
5. Flight Centre (FLT)
Stock code: FLT
Charts: Flight Centre Limited
More news: Flight Centre Limited
6. Lynas (LYC)
Stock code: LYC
Charts: Lynas Limited
More news: Lynas Limited
7. Harvey Norman (HVN)
Stock code: HVN
Charts: Harvey Norman
More news: Harvey Norman
8. The Reject Shop (TRS)
Stock code: TRS
Charts: The Reject Shop
More news: The Reject Shop
9. David Jones (DJS)
Stock code: DJS
Charts: David Jones Limited
More news: David Jones Limited
10. CSR (CSR)
Stock code: CSR
Charts: CSR
More news: CSR
>> Click here to read other articles from this week’s newsletter
Disclaimer: No responsibility is accepted for any inaccuracies contained in the matter published. Shorted positions sourced from ASIC, TheBull is not responsible for the accuracy of the data. Charts as at close of last full day’s trade. The publication of this data 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.
