The Bull

Sunday 19

May, 2013 4:41 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 25.10.2012

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  21.73
FAIRFAX  
FXJ  13.70
FLIGHT CENTRE  FLT  12.94
LYNAS 
LYC  11.82
MYER  
MYR  11.42
ILUKA 
ILU  11.10
THE REJECT SHOP  TRS  9.14
DAVID JONES 
DJS  8.49
PALADIN  
PDN  8.47
ALUMINA 
AWC  8.12

 

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. Fairfax (FXJ)

CHART 

Stock code: FXJ

Charts: Fairfax Limited

More news: Fairfax Limited

 

4. Iluka (ILU)

CHART 

Stock code: ILU

Charts: Iluka Resources Limited

More news: Iluka Resources Limited

 

5. Paladin (PDN)

CHART 

Stock code: PDN

Charts: Paladin

More news: Paladin

 
6. Cochlear (COH)

CHART 

Stock code: COH

Charts: Cochlear

More news: Cochlear

 

7. Myer (MYR)

CHART 

Stock code: MYR

Charts: Myer Limited

More news: Myer Limited 

 

8. CSR Ltd (CSR)

CHART 

Stock code: CSR

Charts: CSR Ltd

More news: CSR Ltd

 

9. Mesoblast (MSB)

CHART 

Stock code: MSB

Charts: Mesoblast Limited

More news: Mesoblast Limited

 

10. Harvey Norman (HVN)

CHART 

Stock code: HVN

Charts: Harvey Norman Limited

More news: Harvey Norman Limited

 

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

 

 

Disclaimer: No responsibility is accepted for any inaccuracies contained in the matter published. Shorted positions sourced from ASIC, TheBull is not responsible for the accuracy of the data. 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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