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.

While it says the future is bright it had to undertake a $50m capital raising at a heavily discounted price.

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.