Short & Caught: The ASX stocks investors are shorting right now
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Short & Caught is Stockhead’s fortnightly recap of which ASX small cap stocks are heavily shorted. Stocks that are shorted have investors betting that they fall.
Shorting works by selling stocks you do not actually own in the hope of buying them back at a lower price.
Because shorting is restricted under Australian law, any substantial shorting of stocks is worth knowing about even if you own these stocks and only trade long.
Stockhead’s two preferred metrics are raw short interest as well as percentage changes in them within the last month.
| Code | Name | Price (I) | Short Interest (Shares) | Short Interest 1 Month Chg % | Market Cap |
|---|---|---|---|---|---|
| MYR | MYER HOLDINGS LTD | 0.25 | 108.80M | -5.71 | 205.32M |
| NCZ | NEW CENTURY RESOURCES LTD | 0.16 | 60.62M | 2.49 | 171.25M |
| INR | IONEER LTD | 0.11 | 55.55M | 0.54 | 201.62M |
| CVN | CARNARVON PETROLEUM LTD | 0.21 | 55.31M | 4.44 | 328.52M |
| SXY | SENEX ENERGY LTD | 0.25 | 50.63M | -10.33 | 371.59M |
| PDN | PALADIN ENERGY LTD | 0.11 | 39.48M | 42.16 | 212.93M |
| GXY | GALAXY RESOURCES LTD | 0.98 | 38.27M | -29.81 | 413.57M |
| CLQ | CLEAN TEQ HOLDINGS LTD | 0.18 | 37.34M | -2.61 | 138.10M |
| AMA | AMA GROUP LTD | 0.6 | 29.24M | -7.22 | 455.02M |
| MLX | METALS X LTD | 0.09 | 27.24M | -17.42 | 78.02M |
| BUD | BUDDY TECHNOLOGIES LTD | 0.01 | 24.99M | -15.3 | 25.89M |
| SWM | SEVEN WEST MEDIA LTD | 0.14 | 22.31M | -40.73 | 223.01M |
| IPD | IMPEDIMED LTD | 0.07 | 21.91M | -7.26 | 67.11M |
| STX | STRIKE ENERGY LTD | 0.2 | 18.28M | 10.58 | 341.25M |
| SYR | SYRAH RESOURCES LTD | 0.32 | 18.25M | -21.91 | 134.82M |
| KAR | KAROON ENERGY LTD | 0.56 | 17.90M | -12.44 | 317.97M |
| EWC | ENERGY WORLD CORP LTD | 0.06 | 16.64M | -4.3 | 113.12M |
| SPL | STARPHARMA HOLDINGS LTD | 1 | 15.94M | -0.69 | 374.43M |
| SLC | SUPERLOOP LTD | 1.04 | 13.87M | -13.18 | 375.01M |
| HAS | HASTINGS TECHNOLOGY METALS L | 0.13 | 12.58M | 42.26 | 124.13M |
| PET | PHOSLOCK ENVIRONMENTAL TECHN | 0.46 | 11.91M | 33.73 | 284.38M |
| ALG | ARDENT LEISURE GROUP LTD | 0.52 | 11.75M | -19.63 | 235.06M |
| EHE | ESTIA HEALTH LTD | 1.43 | 11.53M | 11.93 | 369.70M |
| HT1 | HT&E LTD | 1.13 | 11.43M | -4.36 | 313.42M |
| FXL | FLEXIGROUP LTD | 1.19 | 10.94M | 43.91 | 477.21M |
| AVZ | AVZ MINERALS LTD | 0.06 | 8.95M | -33.66 | 164.63M |
| FAR | FAR LTD | 0.01 | 8.04M | -79.25 | 149.68M |
| FBR | FBR LTD | 0.05 | 7.27M | 2.61 | 80.91M |
| MRM | MMA OFFSHORE LTD | 0.08 | 6.56M | 0 | 71.28M |
| LNG | LIQUEFIED NATURAL GAS LTD | 0.043 | 6.29M | 0 | 24.80M |
| REG | REGIS HEALTHCARE LTD | 1.36 | 6.08M | 5.95 | 413.53M |
| DCG | DECMIL GROUP LTD | 0.06 | 5.77M | 36065108 | 45.88M |
| NVA | NOVA MINERALS LTD | 0.06 | 5.35M | 6.81 | 56.90M |
| WGO | WARREGO ENERGY LTD | 0.16 | 5.07M | 653.26 | 120.60M |
| GRR | GRANGE RESOURCES LTD | 0.26 | 4.91M | -64 | 306.69M |
| JHC | JAPARA HEALTHCARE LTD | 0.53 | 4.55M | -8.15 | 141.64M |
| CE1 | CALIMA ENERGY LTD | 0.01 | 4.53M | 0.01 | 12.93M |
| AMI | AURELIA METALS LTD | 0.46 | 4.51M | -61.01 | 397.66M |
| BRN | BRAINCHIP HOLDINGS LTD | 0.1 | 3.55M | 1069.74 | 143.74M |
| ECX | ECLIPX GROUP LTD | 1.25 | 3.38M | -68.5 | 386.76M |
| ZNO | ZOONO GROUP LTD | 2.38 | 3.20M | -32.52 | 364.86M |
| AJM | ALTURA MINING LTD | 0.06 | 3.13M | -43.69 | 164.24M |
| RXL | ROX RESOURCES LTD | 0.03 | 3.00M | 7449.83 | 45.56M |
| AGY | ARGOSY MINERALS LTD | 0.06 | 2.88M | 0.93 | 66.27M |
| EHL | EMECO HOLDINGS LTD | 1.13 | 2.79M | -74.24 | 409.09M |
| IGL | IVE GROUP LTD | 1.02 | 2.64M | 451.17 | 151.17M |
| OPY | OPENPAY GROUP LTD | 2.48 | 2.60M | 5517.87 | 243.78M |
| RDC | REDCAPE HOTEL GROUP | 0.83 | 2.51M | 71.43 | 452.80M |
| BOE | BOSS RESOURCES LTD | 0.05 | 2.51M | 401.37 | 84.13M |
| RVR | RED RIVER RESOURCES LTD | 0.07 | 2.39M | -50.98 | 37.69M |
| CLA | CELSIUS RESOURCES LTD | 0.01 | 2.36M | -1.86 | 9.36M |
| LVT | LIVETILES LTD | 0.24 | 2.08M | -16.37 | 212.02M |
| MNY | MONEY3 CORP LTD | 1.62 | 2.04M | 11.42 | 302.94M |
| ARU | ARAFURA RESOURCES LTD | 0.06 | 2.02M | -53.77 | 68.57M |
| EVS | ENVIROSUITE LTD | 0.16 | 1.99M | -18.46 | 163.95M |
| BWX | BWX LTD | 3.42 | 1.96M | -17.16 | 426.18M |
| CDD | CARDNO LTD | 0.23 | 1.93M | 23.53 | 109.52M |
| VHT | VOLPARA HEALTH TECHNOLOGIES | 1.29 | 1.90M | 82.55 | 314.83M |
| ISU | ISELECT LTD | 0.26 | 1.79M | -0.22 | 57.16M |
| PNR | PANTORO LTD | 0.2 | 1.59M | -42.23 | 235.19M |
| MEB | MEDIBIO LTD | 0.01 | 1.58M | -3.38 | 8.60M |
| RIC | RIDLEY CORP LTD | 0.75 | 1.52M | -16.18 | 234.90M |
| MHJ | MICHAEL HILL INTERNATIONAL L | 0.36 | 1.50M | 39.66 | 141.54M |
| MOC | MORTGAGE CHOICE LTD | 0.74 | 1.44M | -2.86 | 92.50M |
| FUEL | BETA GLB ENERGY COM-CUR HEDG | 3.69 | 1.37M | 751.31 | 171.99M |
| LNU | LINIUS TECHNOLOGIES LTD | 0.01 | 1.31M | 0 | 15.72M |
| BLX | BEACON LIGHTING GROUP LTD | 1 | 1.26M | -6.65 | 219.10M |
| OCC | ORTHOCELL LTD | 0.34 | 1.24M | 2.82 | 62.80M |
| NCK | NICK SCALI LTD | 5.49 | 1.24M | -6.83 | 440.64M |
| AQZ | ALLIANCE AVIATION SERVICES L | 3.19 | 1.21M | -46.06 | 388.78M |
| RAP | RESAPP HEALTH LTD | 0.17 | 1.21M | 9.08 | 124.97M |
| SPT | SPLITIT PAYMENTS LTD | 0.67 | 1.19M | 61.16 | 239.60M |
| MYL | MYANMAR METALS LTD | 0.06 | 1.17M | 0 | 104.35M |
| VRT | VIRTUS HEALTH LTD | 3.03 | 1.13M | -58.92 | 239.56M |
| WGN | WAGNERS HOLDING CO LTD | 1.06 | 1.05M | 37.7 | 194.68M |
| CDV | CARDINAL RESOURCES LTD | 0.44 | 1.03M | -38.92 | 215.01M |
| PPS | PRAEMIUM LTD | 0.41 | 1.01M | 25.87 | 167.56M |
Retailer Myer (ASX:MYR) was again the most shorted.
Other stocks with short interest above 50 million shares included New Century Resources (ASX:NCZ), Ioneer (ASX:INR), Carnarvon Petroleum (ASX:CVN) and Senex Energy (ASX:SXY).
Infrastructure play Decmil (ASX:DCG) led the pack of stocks that witnessed the sharpest rise in the last month. The company made a $75m half-yearly loss after money stopped flowing from a couple of clients.
Other companies that have become shorters’ targets since raising capital include water treatment stock Phoslock (ASX:PET) and internet of things play Buddy Technologies (ASX:BUD).
Buy now, pay later stocks have seen a boom in recent days with a number of companies announcing acquisitions or strong user growth.
FlexiGroup (ASX:FXL) and OpenPay (ASX:OPY) are two such stocks and they have been targeted by shorters.
As the debate rages on about whether uranium’s recent price spike is another false dawn or the long awaited renaissance, Boss Resources (ASX:BOE) joined Paladin Energy (ASX:PDN) in piquing the interest of the shorters.
