The Bull

Sunday 19

May, 2013 1:58 AM

Industry Chart

Top 10 shorted stocks

Top 10 shorted stocks

Each day we feature the top 10 shorted stocks on the ASX.

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By Staff Journalist 31.05.2012

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 and buy back afterwards. Indeed, as confusing as it sounds, this involves selling something that you don’t already own.

Each day we feature the top 10 shorted stocks on the ASX. In the table below you will find the percentage of each stock shorted and the previous day's percentage. If you're interested in more information about each company, further down we have 1-year share price charts, plus links to more charting and news.

 

Company Code % of Shorts
JB HI-FI  JBH  23.74
MYER   MYR  11.7
COCHLEAR  COH  11.63
FLIGHT CENTRE FLT  11.6
CARSALES.COM  CRZ  11.44
ISHARES SMALL ORDS ISO  11.41
FAIRFAX   FXJ  11.16
DAVID JONES  DJS  10.71
LYNAS  LYC  10.1
BILLABONG BBG  9.63

 

1. JB Hi Fi (JBH)

CHART 

Stock code: JBH

Charts: JB Hi Fi Limited

More news: JB Hi Fi Limited

 

2. Myer (MYR)

CHART 

Stock code: MYR

Charts: Myer Limited

More news: Myer Limited

 

3. Cochlear (COH)

CHART 

Stock code: COH

Charts: Cochlear Limited

More news: Cochlear Limited

 

4. Flight Centre (FLT)

CHART 

Stock code: FLT

Charts: Flight Centre Limited

More news: Flight Centre Limited

 

5. Carsales.com (CRZ)

CHART 

Stock code: CRZ

Charts: Carsales.com

More news: Carsales.com

 

6. iShares Small Ords (ISO)

CHART 

Stock code: ISO

Charts: iShares Small Ords Limited

More news: iShares Small Ords Limited

 

7. Fairfax (FXJ)

CHART 

Stock code: FXJ

Charts: Fairfax Limited

More news: Fairfax Limited

 

8. David Jones (DJS)

CHART 

Stock code: DJS

Charts: David Jones Limited

More news: David Jones Limited 

 

9. Lynas (LYC)

CHART 

Stock code: LYC

Charts: Lynas Limited

More news: Lynas Limited

 

10. Billabong (BBG)

CHART 

Stock code: BBG

Charts: Billabong Limited

More news: Billabong Limited

 

>> Click here to read other articles from this week's newsletter

 

Shorted positions information from ASIC. Charts as at close of last full day's trade.

Please note that TheBull.com.au simply publishes broker recommendations on this page. The publication of these recommendations does not in any way constitute a recommendation on the part of TheBull.com.au. You should seek professional advice before making any investment decisions.

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