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Top 10 shorted stocks

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By Staff Journalist 27.03.2012

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 Stock Code
 % of shorts
 JB Hi FiJBH20.86
 Myer MYR12.25
 David Jones
DJS
11.67
 Billabong
BBG11.13
 iShares Sml Ords
ISO11.13
 Fairfax
FXJ11.00
 Flight Centre
FLT9.14
 LynasLYC8.94
 Cochlear
COH
8.81
 Echo Entertainment
EGP7.51

 

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. David Jones (DJS)

CHART 

Stock code: DJS

Charts: David Jones Limited

More news: David Jones Limited 

 

4. Billabong (BBG)

CHART 

Stock code: BBG

Charts: Billabong Limited

More news: Billabong Limited

 

5. iShares Small Ords ETF (ISO)

CHART 

Stock code: ISO

Charts: iShares Small Ords ETF Limited

More news: iShares Small Ords ETF Limited

 

6. Fairfax (FXJ)

CHART 

Stock code: FXJ

Charts: Fairfax Limited

More news: Fairfax Limited


7. Flight Centre (FLT)

CHART 

Stock code: FLT

Charts: Flight Centre Limited

More news: Flight Centre Limited

 

8. Lynas (LYC)

CHART 

Stock code: LYC

Charts: Lynas Limited

More news: Lynas Limited

 

9. Cochlear (COH)

CHART 

Stock code: COH

Charts: Cochlear Limited

More news: Cochlear Limited

 

10. Echo Entertainment (EGP)

CHART 

Stock code: EGP

Charts: Echo Entertainment

More news: Echo Entertainment

 

>> Next article - click here to read other articles 

 

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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