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 22 and 29 June 2026
Month-on-month changes between 1 and 29 June 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. Lotus Resources has remained halted since 17 June while it works through equity and funding options, after its Kayelekera project was forced to pause production due to acid supply shortages and acid plant repair work. The delay pushes back the company's production timeline and threatens its ability to meet initial offtake obligations, where maximum liabilities for 2026 sit at $10 million.
| TickerCompanyShort %Week-on-WeekMonth-on-Month | |||||||||
| LOTLotus Resources 22.82%0.01%2.92% | DMPDomino's Pizza13.94%-0.39%-1.30% | BOEBoss Energy 13.63%-0.10%-0.37% | TLXTelix Pharmaceuticals 12.23%-0.69%-2.85% | DRODroneshield 11.74%-0.73%0.33% | PDNPaladin Energy 11.55%0.20%0.85% | CARCAR Group 11.53%-0.67%0.35% | FLTFlight Centre Travel Group 11.42%-0.07%0.65% | TWETreasury Wine Estates 11.07%-0.31%-1.86% | 4DX4DMedical10.96%-0.09%0.41% |
Rising Shorts
Iluka saw a jump in short interest after announcing its first Eneabba offtake agreement, a deal with a global automotive manufacturer for 1,200 tonnes over four years from 2028. The stock rallied 5.7% intraday (23-Jun) before closing 10.8% lower. Despite a floor price guaranteeing minimum revenue of $155 million, analysts were mixed about the pricing. The disclosed floor of ~$95/kg for NdPr sits below the ~$110/kg benchmark from comparable deals by Lynas and MP Materials. Some read this as tougher commercial negotiations with end-users versus taxpayer-funded transactions, but others saw pricing falling short of expectations and pointed to potential structural discounts to wider market rates.
| TickerCompanyShort %Week-on-WeekMonth-on-Month | |||||
| ILUIluka Resources 8.18%1.36%0.70% | EOSElectro Optic Systems Holdings 4.71%1.23%1.40% | ALXAtlas Arteria3.73%1.03%2.63% | HLIHelia Group 2.23%0.94%1.28% | VULVulcan Energy Resources 6.25%0.54%1.75% | JBHJB Hi-Fi 3.23%0.54%1.25% |
Most Covered
A long list of stocks saw a pullback in bearish bets, though the moves were sporadic with few shared themes or catalysts. Names like Generation Development, IPH, Resolute Mining and Beach Energy have all seen 10-15% pullbacks in recent weeks. Inghams eased despite flagging the detection of avian influenza in Australia, noting it had moved to heightened biosecurity vigilance and locked down all its WA farms and processing operations to mitigate potential risks, a move that implies higher costs.
| TickerCompanyShort %Week-on-WeekMonth-on-Month | ||||||||||||||||||
| GDGGeneration Development Group 6.29%-2.90%-3.26% | IPHIPH 8.80%-1.11%0.20% | INGInghams Group 6.35%-1.11%-1.59% | RSGResolute Mining 1.66%-0.96%0.77% | ZIPZip 9.63%-0.96%-1.04% | NCKNick Scali 4.12%-0.87%0.41% | MINMineral Resources 3.98%-0.84%-0.11% | BPTBeach Energy 8.99%-0.82%-0.52% | RWCReliance Worldwide Corporation 2.65%-0.82%0.04% | CHNChalice Mining 3.36%-0.76%-0.61% | DRODroneshield 11.74%-0.73%0.33% | CTTCettire 1.01%-0.71%-1.16% | SDRSiteminder 4.77%-0.70%-2.45% | TLXTelix Pharmaceuticals 12.23%-0.69%-2.85% | CARCAR Group 11.53%-0.67%0.35% | EDVEndeavour Group 9.92%-0.61%-0.29% | WHCWhitehaven Coal 1.43%-0.51%-0.45% | ACFAcrow 0.42%-0.51%-0.20% | HLSHealius 10.27%-0.50%0.70% |