Short Selling

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ASX Short Sale Positions

Daily update on all companies

Background

The goal of this page is to better inform ASX investors of short selling in the market.

Although short position data does not provide tradable signals, a large increase or decrease in a company’s short positions can be an early indicator of changing investor sentiment. It can also be used to uncover what the “professional money” is doing.

To see how short selling allows investors to profit from a falling market, read the "What is Short Selling?" tutorial under the table.



Short Sale Data

Short sale data shows the amount of shares on issue currently reported as short sold.

The data is four trading days behind today's date as reporting isn’t mandatory until 9am (Sydney) three business days (T+3) post trade.

Since June 2010 the Australian Securities and Investments Commission (ASIC) has required all stockbrokers to report their total short sale positions daily. This information is released four business days (T+4) after the trade on ASIC’s website.

The Australian Securities Exchange (ASX) publishes a list of short sale transactions reported on the most recent trading day.

Open ASX Short Positions

Data: 17 May 2018

Code Company Short Week Mvt Days to Cover
1 SYR Syrah Resources 19.5% -1.42% 42.3
2 DMP Domino PIZZA Enterpr 18.31% +1.97% 52.3
3 JBH JB Hi-Fi Limited 15.87% -0.30% 32.7
4 GXY Galaxy Resources 14.6% +0.06% 15.0
5 NAN Nanosonics Limited 12.94% +1.33% 83.4
6 MYR Myer Holdings Limited 12.3% +0.40% 12.1
7 VOC Vocus Group Limited 12.11% +0.42% 18.1
8 ORE Orocobre Limited 11.33% -0.04% 20.8
9 AAC Australian Agricult 11.3% +0.20% 48.7
10 NWS News Corp Class B Voting Common Stock-Cdi 10.95% -0.14% 14.7
11 IVC Invocare Limited 10.94% +0.31% 22.8
12 BWX BWX Limited 10.6% -0.22% 3.4
13 HT1 HT&E Limited 10.54% +0.25% 17.9
14 APO Apn Outdoor Group 10.34% +0.24% 21.5
15 RFG Retail Food Group 10.26% -0.32% 7.5
16 BIN Bingo Industries Limited 9.39% +1.23% 72.0
17 IGO Independence Group 9.39% -0.84% 27.2
18 GXL Greencross Limited 9.24% +0.77% 13.0
19 MYX Mayne Pharma Limited 8.99% -0.01% 54.4
20 AAD Ardent Leisure Group Ordinary/Units FP Stapled Securities 8.82% +0.45% 29.4
21 GEM G8 Education Limited 8.55% +0.08% 12.8
22 QIN Quintis Limited 8.39% 0.00% 0.0
23 HVN Harvey Norman 8.38% -0.29% 32.9
24 IPH IPH Limited 8.28% +0.34% 25.0
25 FLT Flight Centre Travel 8.14% -0.12% 16.7
26 WEB Webjet Limited 8.08% +0.70% 28.0
27 PLS Pilbara Min Limited 7.9% +0.39% 21.3
28 MTS Metcash Limited 7.82% +0.03% 20.1
29 BGA Bega Cheese Limited 7.58% -0.26% 36.3
30 TPM TPG Telecom Limited 7.5% +0.41% 68.2
31 IFL IOOF Holdings Limited 7.4% +0.08% 24.0
32 MLX Metals X Limited 7.3% +0.51% 42.7
33 TGR Tassal Group Limited 7.21% -0.12% 21.0
34 GMA Genworth Mortgage 7.19% -0.53% 30.5
35 ING Inghams Group 7% +0.15% 59.2
36 BKL Blackmores Limited 6.81% +0.21% 12.7
37 PRY Primary Health Care 6.72% +0.09% 29.0
38 CSR CSR Limited 6.69% -0.52% 10.0
39 BAP Bapcor Limited 6.58% +0.32% 21.4
40 RSG Resolute Mining 6.56% +0.80% 6.8
41 QUB QUBE Holdings Limited 6.54% +0.21% 40.2
42 SFR Sandfire Resources 6.42% +0.75% 10.1
43 SEK Seek Limited 6.4% +0.16% 47.2
44 SUL Super Ret Rep Limited 5.91% +0.25% 12.5
45 KAR Karoon Gas Australia 5.83% +0.06% 49.3
46 APT Afterpay Touch 5.69% -1.61% 10.5
47 NXT NEXTDC Limited 5.61% +0.26% 13.9
48 NSR National Storage Stapled Security FP 5.61% -0.24% 27.8
49 MYO Myob Group Limited 5.6% +0.21% 27.3
50 CCP Credit Corp Group 5.59% +0.06% 19.7
51 IMF IMF Bentham Limited 5.33% -0.13% 53.8
52 BEN Bendigo and Adelaide 5.27% -0.55% 19.2
53 BOQ Bank of Queensland 5.26% -0.69% 11.3
54 MOC Mortgage Choice Limited 5.19% +0.01% 41.5
55 MQA MACQ Atlas Roads Group Ordinary Stapled Securities 4.99% +0.26% 15.4
56 MSB Mesoblast Limited 4.72% -0.08% 23.3
57 CTD Corp Travel Limited 4.65% -0.16% 17.0
58 BLA Blue Sky Limited 4.59% +0.32% 8.8
59 GTY Gateway Lifestyle Stapled Securities 4.53% -0.15% 9.9
60 NUF Nufarm Limited 4.52% -0.29% 18.6
61 IRE Iress Limited 4.51% -0.37% 29.0
62 RIO RIO Tinto Limited 4.37% -0.17% 12.4
63 CLH Collection House 4.37% +0.28% 23.3
64 AHG Automotive Holdings 4.36% -0.81% 13.9
65 CQR Charter Hall Retail Units FP 4.23% -0.21% 17.3
66 JHC Japara Healthcare LT 4.21% -0.44% 41.4
67 LNG Liquefied Natural 4.14% -0.05% 27.8
68 IPD Impedimed Limited 4.1% +0.03% 32.3
69 NEC Nine Entertainment 4.07% +0.25% 10.1
70 WOW Woolworths Group Limited 4.05% -0.09% 22.7
71 MIN Mineral Resources 4.01% -0.26% 7.2
72 HSO Healthscope Limited 3.98% -0.91% 9.3
73 SXY SENEX Energy Limited 3.92% -0.06% 22.4
74 WTC Wisetech Global Limited 3.92% +0.26% 17.2
75 COE Cooper Energy Limited 3.83% -0.01% 42.6
76 SIG Sigma Health Limited 3.83% +0.12% 15.1
77 ANN Ansell Limited 3.83% +0.06% 11.8
78 WHC Whitehaven Coal 3.77% -0.36% 5.7
79 CAB Cabcharge Australia 3.75% +0.04% 50.9
80 API Australian Pharm 3.71% -0.11% 14.5
81 TAH Tabcorp Holdings Limited 3.68% +0.49% 19.9
82 SGM Sims Metal MGMT Limited 3.61% +0.06% 9.5
83 CLQ Clean TEQ Holdings Limited 3.54% +0.79% 11.6
84 AYS Amaysim Aus Limited 3.54% -0.07% 3.1
85 SKI Spark Infrastructure Stapled $0.65 Loan Note and Unit US Prohib 3.48% +0.08% 11.9
86 SHV Select Harvests 3.48% -0.23% 18.7
87 RWC Reliance Worldwide 3.42% -0.15% 16.3
88 SCP Sca Property Group Units FP Stapled Securities 3.4% +0.15% 11.4
89 CCL Coca-Cola Amatil 3.4% +0.25% 7.2
90 MND Monadelphous Group 3.39% +0.03% 9.9
91 GOR Gold Road Res Limited 3.26% +0.05% 43.7
92 FBU Fletcher Building Foreign Exempt NZX 3.14% -0.26% 31.7
93 TNE Technology One 3.13% +0.16% 4.8
94 WSA Western Areas Limited 3.11% -0.39% 6.0
95 SCO Scott Pac Group Limited 3.08% 0.00% 18.1
96 CGF Challenger Limited 2.99% +0.02% 8.8
97 PPT Perpetual Limited 2.99% +0.09% 7.3
98 DCN Dacian Gold Limited 2.97% -0.24% 36.0
99 FMG Fortescue Metals Group 2.93% -0.28% 10.2
100 WGX Westgold Resources 2.91% +0.13% 22.6
101 SLC Superloop Limited 2.85% +0.02% 21.8
102 BDR Beadell Resource Limited 2.83% +0.10% 5.1
103 AMP AMP Limited 2.81% +0.21% 6.7
104 GWA GWA Group Limited 2.81% -0.19% 14.5
105 NVT Navitas Limited 2.8% -0.43% 15.2
106 OML Ooh!Media Limited 2.77% +0.06% 7.0
107 GNC Graincorp Limited Class A 2.75% +0.44% 6.6
108 BWP BWP Trust Ordinary Units FP 2.74% -0.06% 19.7
109 ORI Orica Limited 2.73% +0.02% 9.7
110 SNZ Summerset Group Holdings Foreign Exempt NZX 2.73% +0.21% 9,427.0
111 FXL Flexigroup Limited 2.71% -0.38% 19.3
112 RHC Ramsay Health Care 2.69% -0.22% 17.1
113 SAR Saracen Mineral 2.67% +0.03% 6.3
114 ISD Isentia Group Limited 2.66% -0.17% 9.6
115 KGN Kogan.com Limited 2.66% +0.03% 16.3
116 A2M The a2 Milk Company 2.56% +0.28% 2.0
117 PGH Pact Group Holdings Limited 2.51% +0.21% 26.9
118 EML EML Payments Limited 2.51% +0.05% 7.7
119 SKC Skycity Ent Group Limited Foreign Exempt NZX 2.47% +0.06% 47.2
120 PTM Platinum Asset 2.41% +0.06% 13.7
121 MFG Magellan Fin Group Limited 2.4% -0.07% 13.4
122 CAT Catapult Group Int Limited 2.4% -0.02% 51.3
123 CMW Cromwell Prop Ordinary/Units FP Stapled Securities 2.39% -0.38% 14.9
124 MRM Mmaoffshor 2.39% -0.07% 21.0
125 PMV Premier Investments 2.37% +0.07% 25.2
126 ABC Adelaide Brighton 2.32% -0.47% 11.5
127 VRL Village Roadshow Limited 2.31% +0.01% 18.2
128 CYB CYBG Plc Cdi 1:1 Foreign Exempt Lse 2.3% -0.05% 6.3
129 SEH Sino Gas Energy 2.25% +0.16% 5.9
130 BHP BHP Billiton Limited 2.23% +0.01% 12.5
131 REG Regis Healthcare Limited 2.2% +0.04% 23.9
132 CAR Carsales.com Limited 2.17% +0.01% 11.5
133 SWM Seven West Media Limited 2.15% +0.39% 19.6
134 REA REA Group 2.14% -0.04% 18.0
135 AOG Aveo Group Ordinary/Units FP Stapled Securities 2.13% +0.01% 9.6
136 SVW Seven Group Holdings 2.1% +0.11% 22.6
137 BPT Beach Energy Limited 1.97% -0.03% 2.5
138 DXS Dexus Units FP Stapled 1.96% 0.00% 8.4
139 DOW Downer Edi Limited 1.95% +0.05% 10.1
140 SPL Starpharma Holdings 1.94% 0.00% 31.3
141 GOZ Growthpoint Property Unit/ Stapled Securities 1.93% +0.08% 43.5
142 WOR Worleyparsons Limited 1.91% +0.12% 12.0
143 AHY Asaleo Care Limited 1.86% 0.00% 7.0
144 AGI Ainsworth Game Tech 1.81% +0.26% 11.6
145 NWH NRW Holdings Limited 1.79% +0.38% 6.5
146 VTG Vita Group Limited 1.78% -0.21% 2.8
147 QBE QBE Insurance Group 1.75% +0.14% 6.1
148 ASX ASX Limited 1.75% +0.01% 10.7
149 SYD SYD Airport FP Stapled Securities US Prohibited 1.74% +0.04% 9.1
150 WBC Westpac Banking Corp 1.73% +0.01% 8.2
151 NST Northern Star 1.71% +0.22% 5.1
152 WGN Wagners HLD Company 1.69% +0.03% 39.5
153 AMA AMA Group Limited 1.66% -0.01% 27.2
154 MGR Mirvac Group Stapled Securities 1.66% +0.20% 5.5
155 NTC Netcomm Wireless 1.66% +0.05% 16.9
156 VCX Vicinity Centres Ordinary/Units FP Stapled Securities 1.66% -0.04% 6.3
157 CWN Crown Resorts Limited 1.63% +0.06% 11.7
158 ALQ Als Limited 1.59% +0.22% 4.4
159 IAG Insurance Australia 1.58% -0.04% 14.5
160 APA APA Group Units FP Stapled Securities 1.55% -0.11% 7.6
161 AST Ausnet Services Limited 1.55% -0.08% 8.8
162 CBA Commonwealth Bank 1.52% -0.08% 8.0
163 WPL Woodside Petroleum 1.49% +0.10% 5.5
164 EVN Evolution Mining Limited 1.48% +0.07% 4.1
165 BAL Bellamy's Australia 1.47% -0.15% 1.2
166 FET Folkestone Edu Trust Units FP 1.45% 0.00% 9.9
167 SPK Spark New Zealand Foreign Exempt NZX 1.44% +0.02% 30.4
168 SHL Sonic Healthcare 1.44% +0.05% 6.4
169 SKT Sky Network 1.42% -0.02% 47.4
170 ARB ARB Corporation 1.41% -0.05% 11.5
171 JHX James Hardie Indust Chess Depositary Interests 1:1 1.41% -0.04% 3.5
172 GMG Goodman Group Stapled Securities FP 1.4% -0.08% 7.0
173 WES Wesfarmers Limited 1.4% +0.08% 9.7
174 MPL Medibank Private Limited 1.38% +0.01% 5.2
175 FAR FAR Limited 1.38% -0.22% 21.7
176 BLD Boral Limited 1.38% -0.04% 2.3
177 ANZ ANZ Banking Group Limited 1.36% -0.11% 6.7
178 SXL STHN Cross Media 1.35% -0.18% 13.4
179 LNK Link Admin HLDG 1.35% +0.36% 1.7
180 CPU Computershare Limited 1.35% +0.02% 7.3
181 RRL Regis Resources 1.34% +0.06% 4.7
182 IFN Infigen Energy Stapled Securities FP 1.34% +0.06% 6.7
183 HFR Highfield Res Limited 1.29% 0.00% 37.0
184 CL1 Class Limited 1.27% +0.01% 16.1
185 CHC Charter Hall Group Stapled Securities US Prohibited 1.27% +0.13% 5.0
186 LLC Lendlease Group Unit/ Stapled Securities 1.27% -0.01% 7.3
187 OZL OZ Minerals 1.26% +0.15% 2.5
188 AWC Alumina Limited 1.23% -0.22% 2.6
189 TCL Transurban Group Ordinary Shares/Units FP Triple Stapled 1.22% +0.17% 5.2
190 SDA Speedcast Int Limited 1.2% +0.06% 3.2
191 SDF Steadfast Group Limited 1.2% +0.01% 6.9
192 TGA Thorn Group Limited 1.2% +0.23% 9.7
193 NHF Nib Holdings Limited 1.19% -0.15% 3.6
194 ALU Altium Limited 1.19% +0.06% 4.1
195 BUD Buddy Platform Limited 1.17% 0.00% 3.8
196 AZJ Aurizon Holdings Limited 1.16% +0.21% 8.0
197 SBM ST Barbara Limited 1.14% +0.06% 3.2
198 EWC Energy World Corpor 1.14% 0.00% 89.3
199 CNU Chorus Limited Foreign Exempt NZX 1.14% +0.01% 11.5
200 FPH Fisher & Paykel H Foreign Exempt NZX 1.13% 0.00% 24.1
201 AJM Altura Mining Limited 1.11% +0.18% 3.2
202 WDMF Ishares Edge WLD MF ETF Units FP 1.1% +1.10% 0.0
203 NAB National Aust. Bank 1.1% -0.07% 5.4
204 MTR Mantra Group Limited 1.09% +0.86% 1.0
205 IOF Investa Office Fund Stapled Securities 1.08% +0.19% 3.6
206 BRU Buru Energy 1.08% -0.02% 4.9
207 NCZ New Century Resource 1.07% -0.03% 3.1
208 DLX Duluxgroup Limited 1.06% +0.25% 3.3
209 AMC Amcor Limited 1.05% -0.03% 4.6
210 OSH Oil Search Limited 10 Toea 1.03% +0.02% 4.5
211 GPT GPT Group Stapled Securities FP 1.02% +0.04% 4.3
212 PDL Pendal Group Limited 1.02% +0.15% 2.7
213 ECX Eclipx Group Limited 1.02% +0.14% 1.1
214 ABP Abacus Property Group Units/ Stapled Securities 1.01% +0.01% 4.7
215 SIQ Smartgrp Corporation 1.01% +0.04% 3.6
216 SCG Scentre Group Stapled Securities 0.99% -0.04% 7.1
217 TLS Telstra Corporation 0.95% -0.02% 3.1
218 OFX OFX Group Limited 0.95% -0.14% 2.5
219 BVS Bravura Solution Limited 0.94% +0.01% 8.5
220 FBR Fastbrick Robotics 0.94% 0.00% 7.0
221 AGL AGL Energy Limited 0.93% +0.07% 4.8
222 ISU Iselect Limited 0.92% -0.10% 0.4
223 1PG 1-Page Limited 0.92% 0.00% 0.0
224 BKW Brickworks Limited 0.9% -0.27% 9.9
225 GUD G.U.D. Holdings 0.9% +0.14% 5.7
226 IPL Incitec Pivot 0.89% +0.27% 5.2
227 S32 SOUTH32 Limited 0.88% -0.11% 2.4
228 JHG Janus Henderson Chess Depositary Interests 0.86% +0.08% 2.1
229 AQG Alacer Gold Corp Chess Depositary Interests 1:1 0.85% -0.26% 2.1
230 NWL Netwealth Group 0.84% +0.06% 5.3
231 FNP Freedom Food Limited 0.84% +0.07% 17.1
232 NCM Newcrest Mining 0.84% +0.03% 3.1
233 COH Cochlear Limited 0.83% +0.07% 4.7
234 MLD Maca Limited 0.83% -0.01% 4.4
235 CIP Centuria I REIT Ordinary Units FP 0.83% +0.14% 11.5
236 BBN Baby Bunting Group Limited 0.82% -0.09% 3.0
237 SUN Suncorp Group Limited 0.82% +0.09% 4.9
238 CSV CSG Limited 0.82% +0.01% 12.9
239 SGR The Star Ent Group 0.81% +0.07% 5.4
240 SIV Silver Chef Limited 0.81% 0.00% 1.7
241 MGX Mount Gibson Iron 0.8% -0.09% 9.6
242 CGC Costa Group Holdings 0.8% +0.07% 4.5
243 NUH Nuheara Limited 0.79% 0.00% 2.3
244 TWE Treasury Wine Estate 0.78% +0.07% 0.8
245 SOL Soul Pattinson (W.H) 0.73% +0.02% 10.2
246 ZEL Z Energy Limited Foreign Exempt NZX 0.72% 0.00% 295.4
247 LIT Lithium Australia NL 0.71% -0.02% 5.0
248 ELD Elders Limited 0.71% -0.04% 2.0
249 XRO Xero Limited 0.71% 0.00% 3.7
250 ERA Energy Resources 'A' 0.69% 0.00% 22.0
251 UPD Updater Inc Chess Depositary Interests 25:1 Forus 0.69% 0.00% 29.4
252 ILU Iluka Resources 0.67% -0.07% 2.0
253 CTX Caltex Australia 0.66% +0.02% 2.0
254 CWP Cedar Woods Prop 0.66% -0.09% 18.3
255 KDR Kidman Resources Limited 0.66% -0.27% 0.3
256 AFG Aust Finance Group 0.65% -0.08% 11.9
257 IEL Idp Education Limited 0.65% 0.00% 1.1
258 MVF Monash Ivf Group Limited 0.64% -0.02% 5.2
259 TOX TOX Free Solutions 0.62% -1.52% 0.0
260 FXJ Fairfax Media Limited 0.61% +0.02% 3.2
261 ASB Austal Limited 0.6% 0.00% 13.6
262 PRU Perseus Mining Limited 0.59% -0.05% 1.2
263 MMS Mcmillan Shakespeare 0.58% +0.14% 3.4
264 CWY Cleanaway Waste Limited 0.58% +0.01% 4.3
265 ASL Ausdrill Limited 0.58% -0.14% 1.9
266 S2R S2 Resources 0.58% 0.00% 40.4
267 MQG Macquarie Group Limited 0.57% +0.11% 2.7
268 BSL Bluescope Steel Limited 0.56% +0.15% 1.3
269 BXB Brambles Limited 0.55% -0.17% 1.6
270 SLK Sealink Travel Group 0.53% 0.00% 2.4
271 WPP WPP AUNZ Limited 0.53% 0.00% 9.0
272 DHG Domain Holdings Aus 0.53% +0.08% 2.3
273 DRM Doray Minerals Limited 0.52% -0.14% 3.7
274 TAW Tawana Resources NL 0.52% -0.02% 1.6
275 CSL CSL Limited 0.5% -0.06% 2.7
276 LYC Lynas Corporation 0.5% +0.23% 0.4
277 WHA Wattle Health Au Limited 0.5% 0.00% 0.4
278 LEP Ale Property Group Ordinary/Units FP Stapled Securities 0.48% 0.00% 32.4
279 INA Ingenia Group Units FP Stapled Securities 0.48% -0.04% 15.7
280 EHL Emeco Holdings 0.45% +0.09% 2.3
281 KMD Kathmandu Hold Limited 0.45% +0.04% 10.6
282 AUZ Australian Mines Limited 0.43% 0.00% 0.6
283 MOD MOD Resources Limited 0.42% +0.01% 1.7
284 VAH Virgin Aus HLDG Limited 0.41% 0.00% 249.4
285 ACR ACRUX Limited 0.4% 0.00% 4.7
286 AVZ AVZ Minerals Limited 0.4% +0.03% 0.6
287 GSW Getswift Limited 0.39% 0.00% 2.9
288 RFF Rural Funds Group Stapled Securities FP 0.37% +0.01% 2.8
289 PPH Pushpay Holdings Limited Foreign Exempt NZX 0.37% +0.04% 5.5
290 GSC Global Geoscience 0.36% +0.11% 6.7
291 VVR Viva Energy REIT Stapled Securities 0.35% +0.04% 2.2
292 HUO Huon Aquaculture Group 0.35% 0.00% 19.8
293 SSM Service Stream 0.35% 0.00% 2.9
294 APX Appen Limited 0.34% -0.10% 0.5
295 EDE Eden INV Limited 0.33% 0.00% 4.7
296 VLW Villa World Limited 0.33% 0.00% 3.0
297 LOV Lovisa Holdings Limited 0.33% +0.10% 0.9
298 VRT Virtus Health Limited 0.33% -0.06% 2.1
299 QAN Qantas Airways 0.33% +0.13% 1.2
300 RCR RCR Tomlinson 0.32% -0.06% 0.9
301 AX1 Accent Group Limited 0.32% -0.11% 0.7
302 BIG BIG Un Limited 0.3% 0.00% 0.0
303 SGP Stockland Units/ Stapled Securities 0.3% +0.03% 1.4
304 WFD Westfield Corp Stapled Securities 0.3% -0.02% 0.6
305 TME Trade Me Group Foreign Exempt NZX 0.3% +0.01% 2.6
306 CDV Cardinal Reso Limited 0.29% +0.05% 10.7
307 MNS Magnis Resource Limited 0.29% 0.00% 3.2
308 BUB Bubs Aust Limited 0.28% -0.07% 1.0
309 AVN Aventus Retail Fund Ordinary Units FP 0.28% +0.06% 3.4
310 TLX TELIX Pharmaceutical 0.27% +0.21% 0.9
311 DNA Donaco International 0.27% +0.01% 7.9
312 ORG Origin Energy 0.27% +0.04% 1.6
313 CIM Cimic Group Limited 0.27% +0.01% 4.0
314 SVL Silver Mines Limited 0.26% +0.17% 1.8
315 RVR Red River Resources 0.26% 0.00% 1.4
316 RAP Resapp Health Limited 0.25% -0.02% 0.9
317 IDR Industria REIT Stapled Securities 0.25% 0.00% 3.5
318 BRG Breville Group Limited 0.25% +0.03% 1.5
319 ACO Aust Careers Network 0.25% 0.00% 0.0
320 ARV Artemis Resources 0.25% -0.01% 1.2
321 EHE Estia Health Limited 0.24% -0.76% 0.3
322 CLW CHTR H LWR Stapled Securities 0.24% -0.01% 1.6
323 RMD Resmed Inc Cdi 10:1 Foreign Exempt NYSE 0.23% -0.10% 3.4
324 INM Iron Mountain Incorp Cdi 1:1 Foreign Exempt NYSE 0.23% +0.02% 10.0
325 BLK Blackham Resources 0.23% +0.03% 0.6
326 SRX Sirtex Medical 0.22% +0.05% 0.1
327 SLR Silver Lake Resource 0.22% -0.12% 0.7
328 IRI Integrated Research 0.21% 0.00% 1.5
329 SM1 Synlait Milk Limited Foreign Exempt NZX 0.21% +0.15% 3.4
330 MLB Melbourne IT Limited 0.21% +0.08% 2.4
331 RXP RXP Services Limited 0.21% -0.01% 0.5
332 TRY Troy Resources Limited 0.2% -0.02% 0.3
333 RIC Ridley Corporation 0.2% 0.00% 5.8
334 IMU Imugene Limited 0.2% +0.01% 0.4
335 PDN Paladin Energy Limited 0.2% +0.19% 0.1
336 HUB HUB24 Limited 0.19% +0.08% 0.2
337 ALL Aristocrat Leisure 0.19% +0.05% 0.9
338 PEN Peninsula Energy Limited 0.19% 0.00% 2.0
339 BAT Battery Minerals Limited 0.19% 0.00% 0.4
340 REH Reece Limited 0.18% +0.14% 3.5
341 MHJ Michael Hill Int 0.18% +0.04% 2.9
342 LHC Lifehealthcare Group 0.18% 0.00% 0.0
343 STO Santos Limited 0.18% 0.00% 0.3
344 CDD Cardno Limited 0.17% +0.02% 6.1
345 SRV Servcorp Limited 0.17% 0.00% 0.4
346 AC8 Auscann Group HLGS Limited 0.17% 0.00% 0.8
347 SFH Specialty Fashion 0.17% -0.02% 0.1
348 FWD Fleetwood Corp 0.17% -0.25% 1.4
349 YOW Yowie Group 0.16% 0.00% 0.6
350 GGG Greenland Min En Limited 0.14% +0.01% 1.1
351 ORA Orora Limited 0.14% +0.07% 0.9
352 ADH Adairs Limited 0.14% -0.23% 0.8
353 KCN Kingsgate Consolid 0.14% 0.00% 3.8
354 CKF Collins Foods Limited 0.14% +0.01% 0.8
355 NWSLV News Corp Class A Non-Voting Common Stock-Cdi 0.14% +0.11% 0.0
356 MEB Medibio Limited 0.14% +0.01% 1.1
357 MYL Myanmar Metals 0.14% 0.00% 0.7
358 TER Terracom Limited 0.13% 0.00% 0.5
359 PMP PMP Limited 0.12% 0.00% 4.6
360 RKN Reckon Limited 0.11% +0.08% 3.3
361 CLA Celsius Resource Limited 0.1% -0.41% 0.2
362 PNI Pinnacle Investment 0.1% 0.00% 1.5
363 RVA Reva Medical Inc Cdi 10:1 0.1% 0.00% 4.3
364 CVW Clearview Wealth Limited 0.1% -0.01% 8.5
365 OGC Oceanagold Corp Chess Depositary Interest 1:1 0.1% +0.01% 2.8
366 MCY Mercury NZ Limited Foreign Exempt NZX 0.1% +0.04% 801.2
367 VGL Vista Group Int Limited Foreign Exempt NZX 0.1% 0.00% 0.0
368 BOT Botanix Pharma Limited 0.1% +0.03% 0.2
369 CCV Cash Converters 0.1% 0.00% 4.9
370 RMS Ramelius Resources 0.1% -0.01% 0.5
371 PGM Platina Resources 0.09% 0.00% 0.5
372 AIA Auckland Internation Foreign Exempt NZX 0.09% 0.00% 7.3
373 ASN Anson Resources Limited 0.09% 0.00% 0.5
374 FLC Fluence Corporation 0.09% 0.00% 0.8
375 VLA Viralytics Limited 0.08% +0.01% 0.2
376 HPI Hotel Property Stapled Security FP 0.08% 0.00% 1.4
377 FCT Firstwave Cloud Tech 0.08% 0.00% 0.2
378 HSN Hansen Technologies 0.08% 0.00% 0.5
379 ALK Alkane Resources Limited 0.08% 0.00% 1.4
380 LON Longtable Group Limited 0.07% +0.04% 1.0
381 RBL Redbubble Limited 0.07% 0.00% 0.5
382 SLX SILEX Systems 0.07% -0.09% 0.9
383 AMD Arrow Minerals 0.07% +0.01% 0.1
384 MYS Mystate Limited 0.07% +0.02% 1.2
385 GCY Gascoyne Res Limited 0.07% 0.00% 1.1
386 MOE Moelis Australia Limited 0.07% -0.01% 2.5
387 GBT GBST Holdings 0.06% -0.01% 1.5
388 COB Cobalt Blue Limited 0.06% -0.04% 0.1
389 KIN KIN Min NL 0.06% 0.00% 0.5
390 MNY MONEY3 Corporation 0.06% 0.00% 0.4
391 HZN Horizon Oil Limited 0.06% 0.00% 0.9
392 ANW Aus Tin Mining 0.06% +0.01% 0.5
393 CAN Cann Group Limited 0.05% -0.16% 0.3
394 BRN Brainchip Limited 0.05% 0.00% 0.7
395 BLY Boart Longyear 0.05% 0.00% 1.9
396 CYP Cynata Therapeutics 0.05% +0.05% 0.2
397 IMM Immutep Limited 0.05% 0.00% 0.2
398 BGS Birimian Limited 0.05% 0.00% 0.6
399 TGS Tiger Resources 0.05% 0.00% 0.0
400 MML Medusa Mining Limited 0.05% -0.01% 0.6
401 PLG Propertylink Group Stapled Securities US Prohibited 0.05% +0.01% 1.3
402 CDU Cudeco Limited 0.05% 0.00% 0.0
403 DCG Decmil Group Limited 0.05% 0.00% 0.5
404 BKY Berkeley Energia Limited 0.05% 0.00% 0.4
405 ELO Elmo Software 0.04% 0.00% 0.4
406 SGF SG Fleet Group Limited 0.04% 0.00% 0.3
407 WBA Webster Limited 0.04% +0.02% 2.3
408 Z1P ZIP Co Limited 0.04% 0.00% 0.8
409 PAN Panoramic Resources 0.04% +0.04% 0.5
410 MEZ Meridian Energy Foreign Exempt NZX 0.04% -0.01% 21.3
411 GRR Grange Resources 0.03% +0.03% 0.6
412 IMD IMDEX Limited 0.03% 0.00% 0.4
413 NGI Navigator Global Limited 0.03% +0.01% 0.4
414 RBD Restaurant Brands NZ Foreign Exempt NZX 0.03% -0.03% 3.1
415 MNF MNF Group Limited 0.03% -0.04% 0.6
416 GTN GTN Limited 0.03% -0.07% 0.2
417 GDI GDI Property Group Stapled Securities FP 0.03% -0.12% 0.2
418 OMH Om Holdings Limited 10c 0.03% 0.00% 0.5
419 ARF Arena REIT Stapled Securities FP 0.03% -0.02% 0.3
420 ADA Adacel Technologies 0.02% 0.00% 0.2
421 DDR Dicker Data Limited 0.02% +0.02% 0.5
422 POS Poseidon Nick Limited 0.02% 0.00% 0.0
423 EXP Experience Co Limited 0.02% 0.00% 0.6
424 LVH Livehire Limited 0.02% 0.00% 0.2
425 MVP Medical Developments 0.02% 0.00% 0.0
426 AML Aeon Metals Limited 0.02% +0.02% 0.0
427 AIZ Air New Zealand Foreign Exempt NZX 0.02% -0.02% 6.9
428 BOE Boss Resources Limited 0.02% +0.02% 0.1
429 HAS Hastings Tech Met 0.02% +0.02% 1.0
430 BRL Bathurst Res Limited 0.01% 0.00% 0.6
431 PRT Prime Media Group Limited 0.01% +0.01% 0.1
432 EGH Eureka Group Limited 0.01% 0.00% 0.5
433 SMN Structural Monitor Chess Depositary Interests 1:1 0.01% 0.00% 0.1
434 AWE AWE Limited 0.01% 0.00% 0.0
435 PSY Panorama Synergy Limited 0.01% +0.01% 0.3
436 CVT Covata Limited 0.01% 0.00% 0.4
437 NZM NZME Limited Foreign Exempt NZX 0.01% 0.00% 0.1
438 TPE Tpi Enterprises 0.01% 0.00% 0.6
439 DWS DWS Limited 0.01% +0.01% 0.3
440 FLN Freelancer Limited 0.01% 0.00% 0.4
441 SGH Slater & Gordon 0.01% +0.01% 1.4
442 IFM Infomedia Limited 0.01% 0.00% 0.2
443 MNW Mint Payments Limited 0.01% 0.00% 0.0
444 NMT Neometals Limited 0.01% 0.00% 0.1
445 ENN Elanor Investors Group Stapled Securities FP 0.01% 0.00% 0.2
446 OVH Onevue Holdings Limited 0.01% +0.01% 0.0
447 MEQ Metlifecare Limited Foreign Exempt NZX 0.01% -0.01% 0.0
448 NWC New World Cobalt Limited 0.01% +0.01% 0.1
449 EPW Erm Power Limited 0.01% -0.01% 0.1
450 BTT BT Investment MNGMNT 0.01% 0.00% 0.0
451 SPO Spotless Group HLD Limited 0.01% 0.00% 62.5
452 CPH Creso Pharma Limited 0.01% 0.00% 0.0
453 CMA Centuria Metro REIT Ordinary Units FP 0.01% 0.00% 0.1
454 NCK Nick Scali Limited 0.01% 0.00% 0.1
455 IGL Ivegroup 0% 0.00% 0.1
456 PAC Pacific Group Limited 0% 0.00% 0.0
457 CUV Clinuvel Pharmaceut 0% 0.00% 0.1
458 RTG RTG Mining Inc Chess Depositary Interests 1:1 0% 0.00% 0.1
459 MGC MG Unit Trust Ordinary Units FP 0% 0.00% 0.0
460 TRS The Reject Shop 0% 0.00% 0.0
461 NVL National Veterinary 0% 0.00% 0.0
462 AJX Alexium Int Group 0% 0.00% 0.0
463 ARI Acn 004410833 Limited 0% 0.00% 0.0
464 WLE Wam Leaders Limited 0% 0.00% 0.0
465 VHY VNGD Aus High Yield ETF Units FP 0% 0.00% 0.0
466 PME Pro Medicus Limited 0% 0.00% 0.0
467 AGY Argosy Minerals Limited 0% 0.00% 0.0
468 GCS Global Construction 0% 0.00% 0.0
469 RHL Ruralco Holdings 0% 0.00% 0.0
470 BSE Base Res Limited 0% 0.00% 0.0
471 YAL Yancoal Aust Limited 0% 0.00% 1.6
472 SYARA Sayona Mining Limited Rights - Applications Close 24-May-2018 0% 0.00% 0.0
473 DTL Data3 Limited 0% 0.00% 0.0
474 APE A.P. Eagers Limited 0% 0.00% 0.1
475 SVH Silver Heritage Group 0% 0.00% 0.0
476 OKU Oklo Resources Limited 0% 0.00% 0.0
477 SAS Sky and Space Global 0% 0.00% 0.0
478 XPE Xped Limited 0% 0.00% 0.0
479 BLTRB Benitec Biopharma Rights - Applications Close 28-May-2018 0% 0.00% 0.0
480 PSC Prospect Res Limited 0% 0.00% 0.0
481 EQT Equity HL 0% 0.00% 0.0
482 HOM Homeloans Limited 0% 0.00% 0.0
483 HIL Hills Limited 0% 0.00% 0.0
484 3PL 3P Learning Limited 0% 0.00% 0.0
485 GNE Genesis Energy Limited Foreign Exempt NZX 0% 0.00% 0.1
486 SRG SRG Limited 0% 0.00% 0.0
487 MMI Metro Mining Limited 0% 0.00% 0.0
488 KBL KBL Mining Limited 0% 0.00% 0.0
489 SDL Sundance Resources 0% 0.00% 0.0
490 MDL Mineral Deposits 0% 0.00% 0.0
491 ESV Eservglobal Limited 0% 0.00% 0.0
492 QMS QMS Media Limited 0% 0.00% 0.0
493 ONE Oneview Healthcare Chess Depositary Interests 1:1 0% 0.00% 0.0
494 AVB Avanco Resources Limited 0% 0.00% 0.0
495 SFX Sheffield Res Limited 0% 0.00% 0.0


What is Short Selling?

Short selling is one of the most difficult concepts for novice investors to grasp.

The goal is to profit from a falling market by “borrowing” shares in a company to sell at the current market price, and buy those shares back at a later date after the price has fallen. The difference between the initial sell price and the later buyback price is the profit.

The easiest way to grasp the concept is to compare it with traditional share investment.

Long (Buy)

Going “long” is the traditional way of investing in the stock market; you profit when the share price goes up.

  • You believe a companies share price will rise
  • You buy shares at $40
  • The share price rises to $54
  • You sell the shares for a profit of $14 per share
Chart of a Long Buy

Short (Sell)

Going “short” is the opposite; you profit when the share price goes down.

  • You believe a companies share price will fall
  • You sell 1,000 "borrowed" shares at $58
  • The share price falls to $42
  • You buy 1,000 shares (to close the trade) at $42
  • You made a profit of $16 per share
Chart of a Short Sale

How can you sell shares you don’t own?

The most common way is called “Covered Short Selling” and it involves “borrowing” the shares from someone else (organised by your stockbroker).

To open a trade: You borrow shares and sell them at the current market price.

To close the trade: You buyback the same number of shares and return them to the original shareholder.

Another way is to “Naked Short Sell” and it involves a stockbroker placing a sell order on your behalf, even though you haven't borrowed any shares (hence the term "naked"). To close the trade you must buy back the exact number of shares that you originally sold.

Remember that everything is done on a computer. You’re not actually buying and selling a tangible asset; all that’s required is that the numbers in the regulator’s computer “even out” at the end.

Why would someone allow their stock to be short sold? Lenders can charge a borrowing fee which is passed on to the short seller. This is also why short sale positions tend to be shorter in investment duration than long trades.

Green TickShort Selling Advantages


1. Profit in a falling market

You can make money when share prices are falling.

2. Hedge your portfolio to reduce drawdown

A portfolio can be hedged with “short” positions to reduce drawdowns in down trending markets. Should the stock market turn negative, any profit made in the “short” trades will help counteract the losses made in the long trades.

Red CrossDisadvantages


1. Difficulty to participate

Few Australian stockbrokers have the ability to short sell and those that do often have many obstacles. Additional paperwork, collateral requirements, pre-authorisation per trade, higher fees and a minimum trade size of $50,000 may be set.

2. Risk is unlimited

With traditional share investment your risk is limited to the amount you spent on the initial purchase (a share price can’t go below zero). With short selling a trade isn’t closed until you buyback the original number of shares sold, so your risk is unlimited (there is not upper limit to how high a share price can go).

For example, in 2008 Volkswagen was involved in a massive short-squeeze.

Short sellers panicked because the share price was rising and they were losing money. To close their trades they needed to buyback the original number of shares they sold.

A "snowball" effect ensued with all short sellers trying to close their trades at the same time, driving the share price even higher.

The Volkswagen share price rose from €200 to over €1,000 in just over a month.

Short Squeeze Chart

3. Limited number of approved ASX companies to sell

There is a limited number of ASX companies that are allowed to be sold short. Leveraged equities publish a list of approved companies along with the collateral requirements.

Why is Short Selling Allowed?

Short selling provides liquidity and brings price efficiency into the market.

In 2008, ASIC placed on covered short selling and banned naked short selling outright in an attempt to bring order to the market turmoil. Although it could easily be argued that the ban reduced fear and reduced the number of people “sitting on the sidelines”, studies have found that the consequence was higher volatility and decreased liquidity.

How to "Go Short" in Australia

Short selling ASX companies should only be conducted by experienced investors. You will need to shop around for a stockbroker who is able to facilitate short trades.

Alternatively, you can profit from a falling market by purchasing an Exchange Traded Fund (ETF) that specialises in short selling.

BetaShares Australian Equities Bear Hedge Fund (BEAR) is an ETF that can be bought and sold just like ordinary shares with no extra paperwork, fees or obstacles. The fund short sells ASX SPI 200 futures contracts so that any fall in the S&P/ASX 200 index will result in an increase in the fund’s value. Therefore, the share price of BEAR ETF will rise if the stock market falls.

Using an ETF like the BEAR is a great way for the average investor to profit from, or protect against a fall in the overall Australian stock market.


Additional Links

Short Selling Regulatory Guide 196 (PDF) - ASIC’s detailed guide

Short Selling Reporting Obligations in Australia (PDF) - A law firm’s excellent summary