Welcome back to the Short Seller Series – A recap of the most heavily shorted stocks on the ASX and those experiencing significant changes to short interest over the past week.
Short selling data is four days behind today's date because reporting is not mandatory until three business days after the trade. The tables below will compare:
Week-on-week changes between 29 June and 6 July 2026
Month-on-month changes between 5 June and 6 July 2026
Most covered and rising short tables record week-on-week changes of ~0.5% or more
Most Shorted
No major changes among the top shorted stocks. Boss Energy saw a sizeable pullback, likely driven by its revised FY26 production guidance and expedited technical studies update on Friday 3 July, with the stock 7.1% higher on the day. The company produced 1.41 million lbs of uranium in FY26, meeting its revised 1.40-1.45 million lbs guidance, and has opted to proceed directly to a feasibility-level outcome at Honeymoon rather than producing two study documents within a short period as previously proposed. Macquarie lifted its target price 35% to $1.75 on the news, citing improved risk/reward given growing confidence in the technical work and likely outcomes from wider spaced wellfields, though it noted this must be demonstrated over time, with the late August update and September investor day potentially inspiring the market ahead of that.
| TickerCompanyShort %Week-on-WeekMonth-on-Month | |||||||||
| LOTLotus Resources 22.81%-0.01%2.87% | DMPDomino's Pizza 13.86%-0.08%-0.94% | DRODroneshield 11.94%0.20%-0.40% | TLXTelix Pharmaceuticals 11.90%-0.33%-2.90% | BOEBoss Energy 11.77%-1.86%-2.21% | 4DX4DMedical11.48%0.52%0.39% | FLTFlight Centre Travel Group 11.43%0.01%0.23% | PDNPaladin Energy 11.39%-0.16%0.66% | CARCAR Group 11.32%-0.21%-0.46% | TWETreasury Wine Estates 10.92%-0.15%-1.71% |
Rising Shorts
Resource-related stocks saw a notable increase in short interest.
Elders drew shorters amid 'super' El Nino concerns.
Karoon Energy fell 38% between 12-26 June after a material production guidance downgrade at its Who Dat asset in the Gulf of Mexico, before recovering 9.1% on 29 June on the successful restart of the SPS-92 well at Baúna following replacement of a failed electrical submersible pump.
Higher-profile copper (Firefly), gold (Genesis Minerals, Predictive and Emerald Resources) and lithium (PLS Group) names also attracted more shorts.
Cochlear and the broader healthcare sector have staged a resurgence in recent weeks, with Cochlear up 34% between 3 June and 6 July, yet shorts kept building through the run, up 0.8% week-on-week to record highs.
| TickerCompanyShort %Week-on-WeekMonth-on-Month | |||||||||||||||
| ELDElders 10.21%1.01%0.69% | JHXJames Hardie 3.63%0.97%0.93% | KARKaroon Energy 4.66%0.88%1.57% | AGLAGL Energy 4.87%0.87%0.79% | COHCochlear 9.76%0.80%4.86% | FFMFirefly Metals 6.06%0.74%1.04% | GMDGenesis Minerals 6.49%0.65%0.47% | ALDAmpol 2.95%0.64%1.38% | TPWTemple & Webster Group 7.09%0.63%-1.45% | PLSPLS Group 9.29%0.58%-1.01% | JDOJudo Capital 3.25%0.57%0.79% | PENPeninsula Energy 2.27%0.56%1.57% | PDIPredictive Discovery 3.53%0.54%2.45% | 4DX4DMedical11.48%0.52%0.39% | ARBARB Corp5.15%0.52%1.59% | EMREmerald Resources2.94%0.51%0.95% |
Most Covered
Magellan completed its previously announced merger with Barrenjoey on 1 July and will seek shareholder approval at the 22 October AGM to change its name to Barrenjoey Group and ticker to BJY from MFG. Elsewhere, bearish bets are unwinding in growth names like Megaport (up 210% since 10 April and 26% since its 1 June capital raising to fund growth), Zip (up 108% since its 20 March low) and Neuren (up 45% between 29-30 June). Plenty of previously sold-off names are rebounding, alongside Qantas on lower oil prices and a handful of odd rare earth names like Arafura and Iluka Resources.
| TickerCompanyShort %Week-on-WeekMonth-on-Month | |||||||||||||||
| BOEBoss Energy 11.77%-1.86%-2.21% | MFGMagellan Financial Group 2.40%-1.82%0.06% | MP1Megaport 3.51%-1.49%-2.28% | ASKAbacus Storage King0.07%-1.16%-0.90% | ZIPZip Co 8.58%-1.05%-2.18% | QANQantas Airways 1.18%-0.93%-1.22% | ARUArafura Rare Earths2.33%-0.88%-0.50% | PPTPerpetual 2.67%-0.83%-1.39% | NABNational Australia Bank 1.04%-0.78%-0.60% | NEUNeuren Pharmaceuticals 4.95%-0.68%-1.56% | SDRSiteminder 4.14%-0.63%-2.57% | JBHJB Hi-Fi 2.61%-0.62%0.61% | AISAeris Resources 2.00%-0.60%-0.81% | ILUIluka Resources 7.59%-0.59%0.23% | CNICenturia Capital Group1.52%-0.59%-0.39% | SGPStockland3.10%-0.51%1.59% |