The Bull

Wednesday 19

June, 2013 3:14 PM

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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 11.10.2012

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  22.51
LYNAS 
LYC  13.57
FLIGHT CENTRE  FLT  13.32
FAIRFAX  
FXJ  12.96
MYER  
MYR  12.03
ILUKA 
ILU  11.86
THE REJECT SHOP  TRS  10.10
ALUMINA   AWC  9.24
DAVID JONES   DJS  9.08
CSR   CSR  8.68

 

1. JB Hi Fi (JBH)

CHART 

Stock code: JBH

Charts: JB Hi Fi Limited

More news: JB Hi Fi Limited

 

2. Lynas (LYC)

CHART 

Stock code: LYC

Charts: Lynas Limited

More news: Lynas Limited

 

3. Flight Centre (FLT)

CHART 

Stock code: FLT

Charts: Flight Centre Limited

More news: Flight Centre Limited

 

4. Fairfax (FXJ)

 

CHART 

Stock code: FXJ

Charts: Fairfax Limited

More news: Fairfax Limited

 

5. Myer (MYR)

CHART 

Stock code: MYR

Charts: Myer Limited

More news: Myer Limited 

 

6. Iluka (ILU)

CHART 

Stock code: ILU

Charts: Iluka Resources Limited

More news: Iluka Resources Limited

 

7. The Reject Shop (TRS)

CHART 

Stock code: TRS

Charts: The Reject Shop

More news: The Reject Shop

 

8. Alumina (AWC)

CHART 

Stock code: AWC

Charts: Alumina Limited

More news: Alumina Limited

 

9. David Jones (DJS)

CHART 

Stock code: DJS

Charts: David Jones

More news: David Jones

 

10. CSR Ltd (CSR)

CHART 

Stock code: CSR

Charts: CSR

More news: CSR

 

>> 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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