Staff Journalist|25.03.2019
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 andbuy backafterwards. Indeed, as confusing as it sounds, this involves selling something that you don’t already own.
Each week we feature the top 30 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 morclick heree information about each company,click here for share price charts, plus links to more charting and news. For the daily short sales (shorts for that day only, rather than cumulative outstanding shorts), please.
Company Code % of shorts SYRAH RESOURCES ORDINARY SYR 17.69 INGHAMS GROUP ORDINARY ING 17.38 GALAXY RESOURCES ORDINARY GXY 16.17 JB HI-FI LIMITED ORDINARY JBH 16.06 NEXTDC LIMITED ORDINARY NXT 12.62 OROCOBRE LIMITED ORDINARY ORE 12.4 METCASH LIMITED ORDINARY MTS 11.57 BWX LIMITED ORDINARY BWX 11.5 MYER HOLDINGS LTD ORDINARY MYR 10.49 SPEEDCAST INT LTD ORDINARY SDA 10.33 BELLAMY'S AUSTRALIA ORDINARY BAL 10.21 INVOCARE LIMITED ORDINARY IVC 9.64 SUPER RET REP LTD ORDINARY SUL 9.47 DOMINO PIZZA ENTERPR ORDINARY DMP 9.46 CSR LIMITED ORDINARY CSR 9.4 IOOF HOLDINGS LTD ORDINARY IFL 8.88 HARVEY NORMAN ORDINARY HVN 8.8 PERPETUAL LIMITED ORDINARY PPT 8.74 PILBARA MIN LTD ORDINARY PLS 8.47 QUINTIS LTD ORDINARY QIN 8.3 HUB24 LTD ORDINARY HUB 8.25 LYNAS CORPORATION ORDINARY LYC 8.19 BLACKMORES LIMITED ORDINARY BKL 8.18 BANK OF QUEENSLAND. ORDINARY BOQ 8.09 AMCOR LIMITED ORDINARY AMC 7.73 NUFARM LIMITED ORDINARY NUF 7.71 AMP LIMITED ORDINARY AMP 7.26 SIMS METAL MGMT LTD ORDINARY SGM 7.14 RELIANCE WORLDWIDE ORDINARY RWC 7 BENDIGO AND ADELAIDE ORDINARY BEN 6.95