At the start of each week, I like to look at ASIC's short position report to find out which shares are being targeted by short sellers.
This is because I believe it is well worth keeping a close eye on short interest levels as high levels can sometimes be a sign that something isn't quite right with a company.
With that in mind, here are the 10 most shorted shares on the ASX this week according to ASIC:
- Boss Energy Ltd (ASX: BOE) continues to be the most shorted ASX share by some distance with short interest of 24.9%. This is down slightly week on week again. Short sellers appear to be betting against a uranium bull market.
- Paladin Energy Ltd (ASX: PDN) has seen its short interest ease week on week again to 16.2%. It is another uranium share that short sellers are going after.
- Mineral Resources Ltd (ASX: MIN) has short interest of 13.5%, which is flat since last week. This mining and mining services company's balance sheet and weak commodity prices appear to be behind this.
- Deep Yellow Limited (ASX: DYL) has 12.4% of its shares held short, which is down slightly week on week again. It is a third uranium stock that short sellers are targeting.
- Liontown Resources Ltd (ASX: LTR) has seen its short interest lift to 12.4%. This appears to have been driven by falling lithium spot prices due to increased supply from China and Africa.
- IDP Education Ltd (ASX: IEL) has 12.3% of its shares held short, which is up week on week. Short sellers have been targeting this student placement and language testing due to tough trading conditions. These are being caused by student visa changes.
- Pilbara Minerals Ltd (ASX: PLS) has short interest of 11.5%, which is down week on week again. It is another lithium miner that has been hit hard by low commodity prices.
- Polynovo Ltd (ASX: PNV) has 11.5% of its shares held short, which is up week on week. This medical device company's growth in 2025 has been below expectations.
- Domino's Pizza Enterprises Ltd (ASX: DMP) is back in the top ten with short interest of 10.1%. Short sellers appear to be betting against this pizza chain operator's turnaround.
- Lifestyle Communities Ltd (ASX: LIC) has 9.9% of its shares held short, which is down week on week. This retirement communities company has been underperforming over the past 12 months. Short sellers seem to believe this trend will continue.
