GXY 6.40% $3.51 galaxy resources limited

Staff Journalist | 25.03.2019The technique of profiting from a...

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    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.

    CompanyCode% of shorts
    SYRAH RESOURCES ORDINARYSYR17.69
    INGHAMS GROUP ORDINARYING17.38
    GALAXY RESOURCES ORDINARYGXY16.17
    JB HI-FI LIMITED ORDINARYJBH16.06
    NEXTDC LIMITED ORDINARYNXT12.62
    OROCOBRE LIMITED ORDINARYORE12.4
    METCASH LIMITED ORDINARYMTS11.57
    BWX LIMITED ORDINARYBWX11.5
    MYER HOLDINGS LTD ORDINARYMYR10.49
    SPEEDCAST INT LTD ORDINARYSDA10.33
    BELLAMY'S AUSTRALIA ORDINARYBAL10.21
    INVOCARE LIMITED ORDINARYIVC9.64
    SUPER RET REP LTD ORDINARYSUL9.47
    DOMINO PIZZA ENTERPR ORDINARYDMP9.46
    CSR LIMITED ORDINARYCSR9.4
    IOOF HOLDINGS LTD ORDINARYIFL8.88
    HARVEY NORMAN ORDINARYHVN8.8
    PERPETUAL LIMITED ORDINARYPPT8.74
    PILBARA MIN LTD ORDINARYPLS8.47
    QUINTIS LTD ORDINARYQIN8.3
    HUB24 LTD ORDINARYHUB8.25
    LYNAS CORPORATION ORDINARYLYC8.19
    BLACKMORES LIMITED ORDINARYBKL8.18
    BANK OF QUEENSLAND. ORDINARYBOQ8.09
    AMCOR LIMITED ORDINARYAMC7.73
    NUFARM LIMITED ORDINARYNUF7.71
    AMP LIMITED ORDINARYAMP7.26
    SIMS METAL MGMT LTD ORDINARYSGM7.14
    RELIANCE WORLDWIDE ORDINARYRWC7
    BENDIGO AND ADELAIDE ORDINARYBEN6.95
 
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