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:

• Domino's Pizza Enterprises Ltd (ASX: DMP) continues to be the most shorted ASX share after its short interest remained flat at 15.3%. Short sellers appear to have doubts that the pizza chain operator's turnaround strategy will succeed.
• Telix Pharmaceuticals Ltd (ASX: TLX) has short interest of 14.6%, which is up since last week. Unfortunately for short sellers, this radiopharmaceuticals company's shares stormed higher last week after the US FDA accepted its NDA for Pixclara
• Polynovo Ltd (ASX: PNV) has 14% of its shares held short, which is down since last week. This high level of short interest may be due to valuation concerns. The medical device company's shares are trading on high earnings multiples.
• Guzman Y Gomez Ltd (ASX: GYG) has short interest of 13.7%, which is down week on week. Unfortunately for short sellers, this quick service restaurant operator's shares rocketed last week after it reported a big improvement in its performance.
• Treasury Wine Estates Ltd (ASX: TWE) has seen its short interest rise to 12.5%. This wine giant is struggling due to consumer spending pressures and distributor disruption.
• Flight Centre Travel Group Ltd (ASX: FLT) has short interest of 12%, which is up slightly week on week. Short sellers may believe that travel demand could be impacted by the Middle East conflict.
• Boss Energy Ltd (ASX: BOE) has short interest of 11.7%, which is down since last week. This uranium miner's production outlook beyond 2026 is uncertain and attracting short sellers.
• Nanosonics Ltd (ASX: NAN) has short interest of 11.6%, which is down slightly since last week. This infection prevention technology company's recent performance has been disappointing. Short sellers don't appear confident a change is coming.
• DroneShield Ltd (ASX: DRO) has 11.5% of its shares held short, which is up since last week. Last week, this counter drone technology company announced the sudden exit of its CEO and chair.
• Zip Co Ltd (ASX: ZIP) has entered the top ten with short interest of 11.2%. Later this week, the buy now pay later provider will be releasing its third-quarter update. Short sellers appear to believe it could disappoint.

The post These are the 10 most shorted ASX shares appeared first on The Motley Fool Australia.

But from time to time, even the best companies fall out of favour.

Right now, a handful of ASX blue chips appear to be in that position. Here are three that could be worth a closer look.

CSL Ltd (ASX: CSL)

CSL is widely regarded as one of Australia's highest-quality companies, but the biotech giant's shares have come under pressure in recent times.

This has been driven by earnings misses, margin pressures, a tough operating environment, and leadership changes.

However, these are largely transitional issues rather than structural ones.

CSL still operates a global leader in plasma therapies and vaccines, with strong demand drivers linked to ageing populations and rising healthcare needs. As plasma collection normalises and efficiencies improve, there is potential for margins to recover.

For long-term investors, this could be one of those rare opportunities to buy a premium healthcare business at a more reasonable price.

Cochlear Ltd (ASX: COH)

Another ASX blue chip that could be looking attractive is Cochlear.

Short-term concerns around softer demand have weighed on sentiment. But this does not change the underlying demand for hearing solutions.

Cochlear benefits from a powerful structural tailwind. Hearing loss is a growing global issue, and access to treatment is still underpenetrated in many regions.

The company also enjoys a strong competitive position, supported by technology leadership and a global distribution network.

For investors willing to look beyond near-term noise, Cochlear's long-term growth story appears firmly intact.

Treasury Wine Estates Ltd (ASX: TWE)

A third ASX blue chip that may be undervalued is Treasury Wine Estates.

The company has faced a number of challenges in recent years, including shifting consumer preferences and disruptions to key export markets. These issues have weighed on its share price and created uncertainty around its outlook.

However, Treasury Wine is in the process of reshaping its portfolio.

The focus is increasingly on premium and luxury brands, where margins are higher and demand tends to be more resilient. This shift is helping the company reduce reliance on lower-margin products and improve the quality of its earnings.

In addition, improving trade dynamics and stabilising conditions in key markets could provide a tailwind over time.

While not without risks, Treasury Wine Estates could offer a compelling turnaround opportunity for patient investors.

The post These ASX blue chips now look too cheap to ignore appeared first on The Motley Fool Australia.

The wine giant behind premium brands like Penfolds slipped another 1% on Thursday and is now down roughly 25% year to date and a staggering 53% over the past 12 months. Unfortunately, this kind of underperformance isn't new for long-suffering shareholders.

So, is the ASX wine stock a hidden gem emerging or a classic value trap?

What's been going on?

Treasury Wine shares have been battling a cocktail of challenges.

From shifting global demand to premiumisation risks and supply chain pressures, the business has struggled to regain investor confidence. But one issue is drawing particular scrutiny right now: inventory.

Broker Ord Minnett recently highlighted concerns around tight grape supply contracts in both the US and Australia. These agreements are expected to keep inventory levels elevated for longer than previously anticipated.

According to the broker:

Combined, the impact of these contract terms means Ord Minnett estimates Treasury's inventory will increase again in FY27 before scaling down in the following years.

Size-wise, we see inventory topping out at circa $2.9 billion, a whisker away from the company's current market capitalisation and twice the inventory size it held a decade ago.

Big red flag

That's a big red flag for this blue chip. High inventory levels can tie up capital, pressure margins, and signal weaker-than-expected demand.

In response, Ord Minnett has increased its debt assumptions and trimmed its price target from $5.00 to $4.50. It also upgraded its recommendation, but only to hold from lighten. The broker noted the sharp recent selloff of Treasury Wine shares, including an 18% slide in March and close to a 25% drop year to date.

Even at the reduced target, that implies only around 14% upside from current levels.

Analyst snapshot: cautious at best

Ord Minnett's view isn't an outlier. Across the market, most brokers are sitting on the fence. The consensus rating on Treasury Wine shares is broadly a hold, reflecting a balance between long-term brand strength and near-term uncertainty.

The average price target sits around $5.24, suggesting potential upside of roughly 33%. That may sound appealing, but it also highlights the lack of conviction. This isn't a stock analysts are rushing to back aggressively.

Foolish Takeaway

There's no denying Treasury Wine owns a portfolio of premium brands and has global reach. Those strengths could pay off over time.

But right now, the risks are hard to ignore. Elevated inventory, rising debt assumptions, and patchy demand trends are weighing on sentiment. And while the share price fall is eye-catching, it hasn't yet triggered widespread bullishness among brokers.

For investors, that puts Treasury Wine shares in a tricky middle ground. It might offer value, but it's far from a clear-cut bargain.

The post Down 53%, are Treasury Wine shares a true gem or a value trap? appeared first on The Motley Fool Australia.

In April so far, ASX 200 shares have recovered by 2.91%. However, trading activity remains volatile.

Meantime, brokers have reviewed their ratings on the following three ASX shares.

Telstra Group Ltd (ASX: TLS) 

Telstra is the largest ASX communications share on the market.

Ord Minnett issued a new note on Telstra shares yesterday.

The broker maintained its accumulate rating with a 12-month target of $5.50.

Telstra shares hit a record high of $5.44 apiece on Tuesday.

Ord Minnett said it raised its earnings per share (EPS) estimates for FY26-FY28 after the telco announced some price increases.

The broker said:

Telstra has flagged it will raise prices on almost all of its post-paid and prepaid mobile phone plans from 5 May, two months ahead of the 1 July start date it used last year, and cease sales of its non-advertised 5 gigabyte (GB) 'starter plan' to new customers from the same date.

Ord Minnett views the scale of the changes as largely in line with consensus estimates and see them as supportive of Telstra's target of generating operating earnings growth of $300 million per annum.

Treasury Wine Estates Ltd (ASX: TWE)

Treasury Wine Estates owns household-name wine brands including Penfolds, Wynns, Wolf Blass, Lindemans, and Squealing Pig. ‍

Ord Minnett issued a new note on this ASX wine share yesterday.

The broker upgraded Treasury Wine shares from lighten to hold and cut its price target from $5 to $4.50.

Treasury Wine shares closed the session yesterday at $3.78, up 1.3%.

The stock has fallen 28.7% in the year to date (YTD) and 55.7% over 12 months.

Ord Minnett said it had increased its debt assumptions due to tight grape supply contracts in the US and Australia.

The broker said:

‍Combined, the impact of these contract terms means Ord Minnett estimates Treasury's inventory will increase again in FY27 before scaling down in the following years.

Size-wise, we see inventory topping out at circa $2.9 billion, a whisker away from the company's current market capitalisation and twice the inventory size it held a decade ago.

We raise our recommendation to Hold from Lighten, however, given the stock's lost 18% slide in March and fall of decline of almost 30% in the year to date.

Domino's Pizza Enterprises Ltd (ASX: DMP)

Domino's Pizza shares closed at $17.06 on Tuesday, up 6.8%.

The ASX consumer discretionary share has fallen 21.8% YTD and 29.5% over 12 months.

On The Bull this week, Michael Gable from Fairmont Equities revealed a sell rating on Domino's shares.

Gable explained:

Although the share price of this fast food company has lost a lot of value in the past few years and recently remained in a downtrend, I don't see any price support emerging at current levels.

The company is entering a challenging period, where increasing costs and lower consumer confidence could erode margins and put downward pressure on earnings.

I can't identify a positive catalyst at least until the company posts full year results in August.

I expect investors to continue selling the stock on any sharemarket bounce.

The post Buy, hold, or sell? Treasury Wine, Domino's Pizza, and Telstra shares appeared first on The Motley Fool Australia.

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:

• Domino's Pizza Enterprises Ltd (ASX: DMP) continues its run as the most shorted ASX share after its short interest rose slightly to 15.3%. It seems that short sellers are betting against the pizza chain operator's turnaround strategy.
• Telix Pharmaceuticals Ltd (ASX: TLX) has short interest of 14.3%, which is down slightly since last week. This radiopharmaceuticals company failed to gain FDA approval for a couple of its therapies last year. Short sellers don't appear confident that 2026 will be any better despite a recent resubmission.
• Polynovo Ltd (ASX: PNV) has short interest of 14.2%, which is flat since last week. This may be due to valuation concerns with the medical device company's shares trading on high earnings multiples.
• Guzman Y Gomez Ltd (ASX: GYG) has short interest of 14.1%, which is up week on week. This quick service restaurant operator's shares have fallen heavily over the past 12 months due to their premium valuation and concerns that its US expansion could be a failure. The US was supposed to be its largest growth opportunity.
• Boss Energy Ltd (ASX: BOE) has short interest of 12.1%, which is up again since last week. There are major concerns over this uranium miner's production outlook beyond 2026.
• Treasury Wine Estates Ltd (ASX: TWE) has seen its short interest fall again to 11.6%. This wine giant is battling consumer spending pressures and distributor disruption. Short sellers appear to believe it will get worse before it gets better.
• Nanosonics Ltd (ASX: NAN) has entered the top ten with short interest of 11.8%. This infection prevention technology company's performance has underwhelmed in recent times. It seems that short sellers aren't confident a change is coming.
• Flight Centre Travel Group Ltd (ASX: FLT) has short interest of 11.8%, which is up week on week again. Short sellers have been loading up on the travel agent's shares since the Middle East conflict. There are concerns it could have a negative impact on travel markets.
• DroneShield Ltd (ASX: DRO) has 11.4% of its shares held short, which is up since last week. Short sellers appear to think this counter drone technology company's shares are overvalued after surging over the past 12 months.
• Lotus Resources Ltd (ASX: LOT) has short interest of 10.2%. This uranium producer is one of a number of stocks in the industry being targeted by short sellers, with several sitting just outside the top ten.

The post These are the 10 most shorted ASX shares appeared first on The Motley Fool Australia.

In afternoon trade, the Treasury Wine share price is up 1.73% to $3.825.

That is a solid bounce from the $3.34 low it hit on 26 March, which was its lowest level in about 10 years. The last time the stock traded around this price was back in April 2014.

Even after today's gain, Treasury Wine shares are still down roughly 27% in 2026, showing just how tough the sell-off has been.

The rebound suggests some investors may be starting to believe the worst could now be priced in.

Why buyers may be stepping in

One reason buyers appear to be returning is the growing view that Treasury Wine may now be trading below what its assets are worth.

According to The Australian, broker CLSA believes the company's wine brands and inventory could be worth far more than the current share price suggests.

The broker estimated Treasury Wine's net tangible assets were about $3.40 per share at the half-year result and could rise to $3.70 by FY27.

It also suggested an adjusted valuation of $7.10 per share, helped by the value of premium wine stock and major brands like Penfolds.

That big gap between the share price and estimated asset value may be encouraging bargain hunters to buy after the recent fall.

Another positive sign is that French investor Olivier Goudet has reportedly continued buying shares, steadily building his stake in the company.

The sell-off may be slowing

The chart also suggests the heavy selling may be starting to settle down.

The $3.34 level now looks like an important support zone, which simply means buyers have stepped in around that price.

Since then, the shares have bounced back toward $3.80, which is often a sign that sellers are losing control.

If the recovery continues, the next area investors may watch is around $4, followed by the previous trading range near $4.50.

Momentum indicators are also improving.

The relative strength index (RSI), which helps show whether a stock has been sold too heavily, has lifted from oversold levels.

Foolish Takeaway

Treasury Wine still has work to do after its weak half-year result, softer US sales, and concerns about growth in China.

But after falling to decade lows, today's rebound suggests some investors are starting to see value in this ASX 200 blue chip again.

If earnings stabilise and confidence returns, Treasury Wine could become one of the ASX's biggest turnaround stories this year.

The post Treasury Wine shares hit 10-year lows last week. So why are buyers stepping in now? appeared first on The Motley Fool Australia.

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:

• Domino's Pizza Enterprises Ltd (ASX: DMP) remains the most shorted ASX share despite its short interest easing to 15.2%. Short sellers appear to be doubting that the struggling pizza chain operator's turnaround strategy will succeed.
• Telix Pharmaceuticals Ltd (ASX: TLX) has short interest of 14.5%, which is down since last week. This radiopharmaceuticals company has faced delays gaining FDA approval for a couple of its therapies recently. Short sellers don't appear to believe a change is coming in 2026.
• Polynovo Ltd (ASX: PNV) has short interest of 14.2%, which is up again since last week. This may have been driven by valuation concerns with the medical device company's shares trading on high multiples.
• Guzman Y Gomez Ltd (ASX: GYG) has short interest of 13.8%, which is up week on week. This burrito seller's shares have been under significant pressure since the release of its results last month which revealed that it is struggling in the United States market. This was supposed to be its largest growth opportunity.
• Boss Energy Ltd (ASX: BOE) has short interest of 12%, which is up since last week. There are concerns over this uranium miner's production outlook beyond 2026.
• Treasury Wine Estates Ltd (ASX: TWE) has seen its short interest fall meaningfully to 11.9%. It has been a tough period for this wine giant, which is battling consumer spending pressures and distributor disruption.
• Lotus Resources Ltd (ASX: LOT) has entered the top ten with short interest of 11.1%. It is one of a number of ASX uranium stocks being targeted by short sellers.
• Flight Centre Travel Group Ltd (ASX: FLT) has short interest of 10.9%, which is up week on week again. Short sellers may believe the Middle East conflict will impact travel markets.
• DroneShield Ltd (ASX: DRO) has entered the top ten with 10.8% of its shares held short. Short sellers may believe this counter-drone technology company's shares are overvalued after surging over the past 12 months.
• IDP Education Ltd (ASX: IEL) has 10.2% of its shares held short, which is down week on week once again. Short sellers have been targeting this student placement and language testing company due to changes to visa rules in key markets.

The post These are the 10 most shorted ASX shares appeared first on The Motley Fool Australia.

As such, we head into the weekend with the ASX 200 at 8,516.3 points.

This disappointing conclusion to the week's trading for Australian investors was preceded by an even more downbeat morning on the American markets.

The Dow Jones Industrial Average Index (DJX: .DJI) gave up an early lead to finish at a significant 1.01% loss.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) was hit even harder, falling by 2.38%.

But let's return to the local markets now and dive a little deeper into how the various ASX sectors fared amid today's tough trading conditions.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

At the close, 291 of the 500 ASX All Ords shares had fallen throughout the day, with several hitting new 52-week lows.

Are these stocks a buying opportunity?

Let's defer to the experts.

Endeavour Group Ltd (ASX: EDV)

The Endeavour share price fell to a 52-week low of $3.36 on Thursday.

Endeavour shares have tumbled 12% over the past 12 months.

After reviewing Endeavour's 1H FY26 report, Morgans maintained a hold rating on this ASX consumer staples share.

However, the broker reduced its 12-month price target slightly from $3.70 to $3.65.

Morgans said:

While EDV continues to work on its refreshed strategy with further details to be provided at an investor day on 27 May, management confirmed that the combined Retail and Hotels portfolio will be retained.

Management also noted that they will continue investing in Dan Murphy's to restore its price leadership, while accelerating hotel renewals and electronic gaming machine (EGM) replacements.

Objective Corporation Ltd (ASX: OCL)

The Objective Corporation share price fell to a 52-week low of $11.67 today.

The ASX tech share is down 22% over the past year.

Morgans recently changed its rating from accumulate to buy but lowered its 12-month target from $20 to $16.70.

The broker commented:

We see tailwinds remaining supportive of OCL's long-term growth momentum.

Treasury Wine Estates Ltd (ASX: TWE)

This ASX wine share fell to a multi-year low of $3.34 on Thursday.

Treasury Wine Estates has lost two-thirds of its market capitalisation over the past year.

This week, Jefferies retained its hold rating on Treasury Wine shares and lowered its target from $5 to $4.

Dexus Industria REIT (ASX: DXI)

This real estate investment trust (REIT) fell to a 52-week low of $2.32 on Thursday.

The Dexus Industria REIT share price has declined 14% over the past year.

Bell Potter has a buy rating on Dexus Industria stock with a share price target of $3.

Nuix Ltd (ASX: NXL)

The Nuix share price fell to a 52-week low of $1.24 today.

This ASX tech share has crumbled 62% over the past 12 months.

Morgan Stanley has a buy rating on Nuix shares with a 12-month target of $3.75.

DigiCo Infrastructure REIT (ASX: DGT)

DigiCo shares fell to a 52-week low of $1.67 on Thursday.

The DigiCo Infrastructure REIT share price has halved over 12 months.

This week, Morgans reiterated its buy rating but slashed its price target from $4.15 to $2.70.

The post 6 ASX shares at 52-week lows: Buy, hold, or sell? appeared first on The Motley Fool Australia.

Shares in the S&P/ASX 200 Index (ASX: XJO) global wine company closed yesterday trading for $3.54. In afternoon trade on Thursday, shares are changing hands for $3.38 apiece, down 4.5%.

For some context, the ASX 200 is down 0.2% at this same time.

This will come as unwelcome news to the company's shareholders, though not to the host of short sellers betting against the stock. Treasury Wine kicked off the week as the third most shorted stock on the ASX, with a short interest of 15.1%.

Unfortunately for those faithful stockholders, today's underperformance is far from unusual for the wine company.

Indeed, following today's slump, you'd have to go back to March 2012 to find Treasury Wine shares trading at a lower level.

What's been pressuring the ASX 200 stock?

Treasury Wine shares have been in a downward trend for more than a year, with the stock down 65.7% over the past 12 months.

The company has faced a number of headwinds, including tougher trading conditions in some of its core markets, such as China and the United States.

Consumer drinking habits are also changing, with a shift in focus towards more premium-oriented wines.

These headwinds were apparent when the company released its half-year results (H1 FY 2026) on 16 February.

Net sales revenue of $1.3 billion was down 16% year on year, while earnings before interest and tax declined by 39.6% from H1 FY 2025 to $236.4 million. And with the company posting a statutory net loss of $649.4 million, management suspended the Treasury Wine dividend.

Treasury Wine shares closed down 5.2% on the day of the results release.

Are Treasury Wine shares now on sale?

It's never easy trying to call the bottom on a stock that's lost two-thirds of its value in a year.

According to consensus analyst recommendation on CommSec, the ASX 200 wine company is a hold, with two strong buy recommendations, two moderate buy recommendations, 11 hold recommendations, and two strong sell recommendations.

There are a few reasons I'm modestly optimistic about the potential for a material turnaround over the medium term.

Among them, the company's shifting focus to premium brands and its Project Ascent program. This program aims to achieve $100 million in annual cost savings over two to three years.

Commenting on the program, CEO Sam Fischer said:

It is a disciplined, multi-year transformation program designed to sharpen our portfolio, simplify the organisation and optimise our cost base, and I am pleased with the progress we have made to date.

Also, while I'm not prone to mimicking the investments made by billionaires, I do tend to take note.

And on that note, news emerged in early March that French billionaire Olivier Goudet had invested another $41.7 million in Treasury Wine shares since mid-January. That sees Goudet holding around 7.1% of the company's outstanding shares.

The post Treasury Wine shares just tumbled to 14-year lows. Screaming bargain or falling knife? appeared first on The Motley Fool Australia.

While this is disappointing, it could have created a buying opportunity for patient investors.

For example, listed below are three top blue-chips that analysts think are top buys:

Cochlear Ltd (ASX: COH)

The first blue-chip ASX 200 share that has fallen heavily is Cochlear.

The hearing implant leader recently reported a softer half-year result, with profit declining and margins coming under pressure. A key issue was a higher mix of lower-priced emerging market sales, which weighed on revenue growth despite solid unit growth.

In addition, the rollout of its new Nexa system has been slower than expected, delaying revenue growth and disrupting the earnings trajectory investors had been anticipating.

However, demand remains strong and the company has been gaining market share, with Nexa now making up the majority of units sold. This suggests the issue is more about timing than underlying demand.

In light of this, Cochlear's global leadership and exposure to long-term hearing healthcare demand could make the recent pullback an interesting opportunity for Aussie investors.

CSL Ltd (ASX: CSL)

Another blue-chip ASX 200 share that looks attractive after a heavy decline is CSL.

The biotech giant has faced pressure following a softer-than-expected result, with its key CSL Behring division weighing on performance. Margin recovery has been slower than hoped and earnings growth expectations have been revised lower.

Adding to the uncertainty is the recent CEO departure, which has raised questions around leadership and the company's near-term direction.

That said, CSL remains a global leader in plasma therapies with significant barriers to entry and strong long-term demand drivers.

For investors with a long-term horizon, the combination of quality and a lower share price could present a more balanced risk-reward opportunity.

Treasury Wine Estates Ltd (ASX: TWE)

A final blue-chip ASX 200 share that has come under significant pressure is Treasury Wine Estates.

Last month, the wine giant reported a sharp decline in earnings, with margins compressing and revenue falling amid softer conditions in key markets such as the United States and China. A large non-cash impairment also led to a statutory loss, while the interim dividend was suspended to preserve capital.

These developments highlight that the business is currently going through a period of transition rather than simply experiencing a short-term slowdown.

Management is now focused on its TWE Ascent transformation program, which aims to reduce costs, simplify operations, and reposition the portfolio for sustainable growth.

While there are clear execution risks, the company's portfolio of premium wine brands continues to perform in the market. If the transformation is successful, the current weakness could prove to be an incredible buying opportunity.

The post 3 top blue-chip ASX 200 shares that look dirt cheap right now appeared first on The Motley Fool Australia.

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:

• Domino's Pizza Enterprises Ltd (ASX: DMP) continues to be the most shorted ASX share with short interest of 16%. This is up week on week. Short sellers appear doubtful that the struggling pizza chain operator's turnaround strategy will be a success.
• Telix Pharmaceuticals Ltd (ASX: TLX) has short interest of 15.3%, which is up again since last week. This radiopharmaceuticals company has been struggling with FDA approvals. It seems that short sellers don't believe regulators will be approving its therapies any time soon.
• Treasury Wine Estates Ltd (ASX: TWE) has seen its short interest rise again to 15.1%. This wine giant has been battling very tough trading conditions, with consumers focusing on value rather than its premium wines.
• Guzman Y Gomez Ltd (ASX: GYG) has short interest of 13.4%, which is down week on week. This may be due to the burrito seller struggling the United States market, which was supposed to be its largest growth opportunity.
• Polynovo Ltd (ASX: PNV) has short interest of 13.3%, which is up again since last week. This medical device company's shares trade with a premium valuation.
• Nanosonics Ltd (ASX: NAN) has 11.7% of its shares held short, which is up week on week again. This infection prevention company's performance has been underwhelming in FY 2026, with profit before tax falling 3% during the first half.
• Boss Energy Ltd (ASX: BOE) has short interest of 11.2%, which is down since last week. Short sellers continue to close positions in the uranium producer, which was the most shorted ASX share for much of 2025.
• IDP Education Ltd (ASX: IEL) has 10.7% of its shares held short, which is down week on week again. Short sellers have been targeting this student placement and language testing company due to unfavourable changes to visa rules in key markets.
• Lynas Rare Earths Ltd (ASX: LYC) has short interest of 10.5%, which is flat week on week. This is likely due to valuation concerns after the rare earths producer's shares rocketed over the past 12 months.
• Flight Centre Travel Group Ltd (ASX: FLT) has short interest of 10.3%, which is up week on week. There are concerns that the travel agent won't deliver on its revenue margin targets, especially given how the war in the Middle East could impact travel markets.

The post These are the 10 most shorted ASX shares appeared first on The Motley Fool Australia.

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:

• Domino's Pizza Enterprises Ltd (ASX: DMP) is the most shorted ASX share with short interest of 15.6%. It appears that short sellers believe the struggling pizza chain operator's turnaround strategy will not be a success.
• Treasury Wine Estates Ltd (ASX: TWE) has seen its short interest rise to 14.8%. This wine giant has been battling very tough trading conditions. Short sellers may not believe a change is coming in the near term.
• Telix Pharmaceuticals Ltd (ASX: TLX) has short interest of 14.2%, which is up since last week. This radiopharmaceuticals company has been facing delays with FDA approvals. Short sellers don't appear confident that regulators will be approving its therapies any time soon.
• Guzman Y Gomez Ltd (ASX: GYG) has short interest of 13.8%, which is up week on week. This burrito seller continues to struggle and make a loss in the United States market, which was supposed to be its largest growth opportunity.
• Polynovo Ltd (ASX: PNV) has short interest of 13%, which is up since last week. This medical device company's shares trade on sky-high earnings multiples.
• Nanosonics Ltd (ASX: NAN) has 11.4% of its shares held short, which is up week on week. Last month, this infection prevention company posted a 3% decline in profit before tax during the first half.
• Boss Energy Ltd (ASX: BOE) has short interest of 11.4%, which is down significantly since last week. With the uranium producer's shares down 65% since the start of July on production concerns, some short sellers may be buying back shares to lock in their gains.
• IDP Education Ltd (ASX: IEL) has 10.8% of its shares held short, which is down week on week. This student placement and language testing company has been battling changes to visa rules in key markets.
• Lynas Rare Earths Ltd (ASX: LYC) has short interest of 10.5%, which is up since last week. This may be due to valuation concerns and the rare earths producer's shares rocketed over the past 12 months.
• Flight Centre Travel Group Ltd (ASX: FLT) has short interest of 9.7%, which is down week on week. There are concerns that the travel agent won't deliver on its revenue margin targets.

The post These are the 10 most shorted ASX shares appeared first on The Motley Fool Australia.

Rising geopolitical tensions in the Middle East have pushed oil prices sharply higher, which in turn has lifted fuel and freight costs. At the same time, concerns about artificial intelligence (AI) disrupting parts of the technology sector have weighed on sentiment toward several growth stocks.

The result is that a number of ASX 200 shares have been sold down heavily and are now trading near 52-week lows.

While that volatility can be uncomfortable, I often find it is also when interesting long-term opportunities start to appear. Here are three shares currently under pressure that I would be looking closely at.

Temple & Webster Group Ltd (ASX: TPW)

Temple & Webster Group has had a difficult run in the market recently, with its shares falling to 52-week lows as investors worry about consumer spending and the broader retail environment.

Personally, I still see a compelling long-term story here.

Temple & Webster has built a powerful online-only furniture platform with a very asset-light model. Unlike traditional retailers, it does not need to operate large showrooms or hold huge amounts of inventory. Instead, it relies on a drop-ship marketplace model that allows it to scale efficiently.

What I find particularly attractive is the company's ability to use data to optimise merchandising, pricing, and marketing. Over time, that kind of technology-driven retail model can become increasingly difficult for competitors to replicate.

Short-term consumer weakness and higher freight costs may weigh on sentiment, but the long-term shift toward online furniture retail remains firmly intact in my view.

Treasury Wine Estates Ltd (ASX: TWE)

Treasury Wine Estates is another ASX 200 company whose shares have come under significant pressure.

The wine producer has faced a combination of challenges in recent years, including changing demand trends, inventory adjustments, and a more cautious global consumer environment.

However, when I step back and look at the bigger picture, I still see a business with some very valuable assets.

Treasury owns a portfolio of globally recognised wine brands, including premium labels that command strong pricing power in international markets. Premiumisation remains a key trend in the wine industry, with consumers increasingly shifting toward higher-quality products rather than simply buying more volume.

If management executes well and demand stabilises, I think the current share price weakness could eventually look like an overreaction.

Megaport Ltd (ASX: MP1)

Technology shares have been among the hardest hit during the recent market volatility, and Megaport is no exception.

Artificial intelligence disruption fears have rattled the broader software and tech sector, pushing a number of companies toward their lowest levels in a year.

But Megaport's core business still looks interesting to me.

The company operates a global software-defined networking platform that allows businesses to connect their infrastructure to cloud providers and data centres on demand. As cloud adoption continues to grow, the need for flexible and scalable connectivity solutions should grow alongside it.

Megaport has also expanded its addressable market through its acquisition of Latitude.sh, which adds a new compute-as-a-service capability and opens the door to a much larger infrastructure market.

If management executes well, I think the long-term opportunity for the business could be much larger than what the market currently appears to be pricing in.

Foolish takeaway

Market selloffs can be uncomfortable, but they often create opportunities for patient investors.

Temple & Webster, Treasury Wine Estates, and Megaport are all trading near 52-week lows after a difficult period for their sectors. While risks remain, I believe each has a long-term story that could eventually reward investors willing to look beyond the current volatility.

The post Why I'd buy these dirt-cheap ASX 200 shares trading at 52-week lows appeared first on The Motley Fool Australia.

Some companies offer strong long-term growth potential, others appear undervalued relative to their earnings, and some provide reliable dividend income.

With that in mind, here is one ASX stock in each category that could be worth considering right now.

Pro Medicus Ltd (ASX: PME)

One ASX growth stock that could be a buy is Pro Medicus.

The medical imaging technology company has been one of the market's standout performers over the past decade thanks to its Visage platform, which allows hospitals and radiology groups to view large imaging files quickly through the cloud.

Demand for advanced imaging technology continues to grow as healthcare providers shift toward digital workflows and higher-resolution scans. This has helped Pro Medicus win a steady stream of large contracts with major healthcare organisations, particularly in the United States.

Importantly, the company also enjoys extremely high margins and a capital-light business model. As more customers adopt its software, earnings can scale quickly without the same level of cost growth.

Given its strong competitive position and growing global footprint, Pro Medicus could remain a compelling long-term growth story.

Treasury Wine Estates Ltd (ASX: TWE)

Another ASX stock that could be worth considering is Treasury Wine Estates.

The global wine company has experienced a difficult period over the past year. Its share price has been under pressure amid weaker demand for luxury wines, partly due to cost of living pressures affecting consumers. In addition, the company has been dealing with distributor challenges in the United States.

However, these headwinds may already be reflected in the valuation. Based on current estimates, Treasury Wine Estates is trading at roughly 12 times forecast FY 2026 earnings, which is well below the multiples the business has historically commanded.

If trading conditions improve and its US distribution issues are resolved, sentiment towards the Penfolds owner could recover.

HomeCo Daily Needs REIT (ASX: HDN)

For income investors, HomeCo Daily Needs REIT could be worth a look.

The real estate investment trust focuses on large format retail and convenience-based assets that are anchored by tenants providing everyday services. These include supermarkets, healthcare providers, childcare centres, and other essential retail.

Because these tenants tend to be less sensitive to economic cycles, the portfolio can generate relatively stable rental income. This helps support the REIT's attractive distribution profile.

At present, HomeCo Daily Needs REIT offers a dividend yield of more than 6%, which could make it appealing for investors looking to generate passive income from their portfolio.

The post Growth, value, dividends: 1 ASX stock in each category to buy immediately appeared first on The Motley Fool Australia.

Treasury Wine Estates Ltd (ASX: TWE) and Lendlease Group Ltd (ASX: LLC) fell 4.2% and 3.1% respectively, sliding to fresh 52-week lows. Treasury Wine has lost 58% of its value over the past 12 months, while Lendlease has dropped 38% over the same period.

Now the big question is: Can these two ASX 200 shares stage a recovery?

Treasury Wine Estates: US and China headwinds

The ASX 200 share has been under pressure as weaker US demand for luxury wine weighs on sales. Elevated inventories and shifting consumer habits, including moderation trends and softer discretionary spending, have also created headwinds.

The company has additionally been navigating the after-effects of China's earlier tariffs on Australian wine. Although those tariffs have been removed, rebuilding brand momentum and distribution in China will take time.

Despite this, the ASX 200 wine share still owns globally recognised brands such as Penfolds. Management has also been pushing deeper into the luxury and premium segments, which typically deliver stronger margins.

If demand improves and the Chinese market continues reopening, the strategy could support a recovery in earnings over time.

Analysts remain divided on the ASX 200 share, with most of them sitting on the fence. The average 12-month price target is $5.41, implying a 31% upside from the current share price of $4.13.

Lendlease: Structural global property challenges

Meanwhile, Lendlease has been grappling with structural challenges across global property markets. Higher interest rates have pressured real estate valuations and made development projects more expensive to fund.

At the same time, the ASX 200 share has been undertaking a sweeping strategic reset, selling assets and simplifying its operations to reduce risk and strengthen its balance sheet.

Even so, Lendlease retains significant expertise in large-scale urban development, with projects spanning Australia, Europe, and the US. The company is also focusing on recycling capital and concentrating on markets where it believes it has the strongest competitive advantage.

If property markets stabilise and the restructuring delivers the intended efficiencies, the ASX 200 share could emerge leaner and better positioned for growth.

Despite the share price slump, analysts still see upside for the property stock if the restructuring delivers improved returns.

Broker forecasts currently place the average 12-month price target at around $5.30, implying potential upside of about 44% from recent levels if property markets stabilise.

Foolish Takeaway

Broker sentiment toward the two ASX 200 shares is mixed. Some analysts see value emerging after their steep share price declines, while others remain cautious until there is clearer evidence that earnings and market conditions are improving.

For investors with a long-term mindset, both Treasury Wine Estates and Lendlease could yet prove to be turnaround stories, but patience may be required before confidence fully returns.

The post Can these 2 ASX 200 shares bounce back after hitting fresh lows? appeared first on The Motley Fool Australia.

That was the case on Monday, when a spike in oil prices triggered a broad pullback across the market. Oil surged roughly 20% in a single day, which rattled investor sentiment and pushed a number of ASX shares lower.

During these kinds of selloffs, even quality businesses can get caught in the downdraft. Several well-known shares hit 52-week lows as investors rushed to reduce risk.

Rather than seeing that as a warning sign, I think these moments are a chance to look for value. 

Here are three cheap ASX shares that look particularly interesting to me after the recent weakness.

Treasury Wine Estates Ltd (ASX: TWE)

Treasury Wine Estates has been under pressure for quite some time, and the latest market selloff pushed its shares to a fresh 52-week low.

The global wine producer has faced a number of challenges over the past couple of years, including changing demand patterns in key markets and ongoing portfolio adjustments. But despite those headwinds, Treasury Wine still owns some of the most recognisable premium wine brands in the industry.

Brands like Penfolds give the company strong pricing power and a position in the premium segment of the wine market. That premiumisation strategy has been a core focus for management and remains a key driver of long-term value.

With the share price now well below previous highs, I think the market may be underestimating the long-term potential of the business.

Premier Investments Ltd (ASX: PMV)

Premier Investments is another company that hit a 52-week low during Monday's selloff.

The retail group owns Smiggle and Peter Alexander, both of which have built strong customer followings over many years.

Retail stocks often experience volatility when investors become concerned about consumer spending or economic conditions. However, Premier Investments has historically proven to be a disciplined operator with a strong balance sheet and a track record of returning capital to shareholders.

The company has also demonstrated an ability to grow its brands both in Australia and internationally, which provides additional avenues for expansion over time.

At current levels, I think the market is mis-pricing this ASX share.

Aristocrat Leisure Ltd (ASX: ALL)

Aristocrat Leisure is another high-quality ASX share that has fallen to a 52-week low and looks cheap to me.

The gaming technology company has long been one of the ASX's standout global growth stories. Its slot machine business continues to generate strong cash flow, while its digital gaming division provides exposure to the fast-growing mobile gaming market.

More recently, the company has also been investing heavily in real-money gaming opportunities, which could represent another growth avenue in the years ahead.

While concerns around industry competition and broader market volatility have weighed on the share price, I still see Aristocrat as a business with strong intellectual property, global scale, and a proven ability to grow earnings over time.

Foolish takeaway

Market selloffs can be uncomfortable, but they often create opportunities for investors willing to take a long-term view.

Treasury Wine Estates, Premier Investments, and Aristocrat Leisure are three companies that have recently fallen to 52-week lows despite owning strong brands and well-established business models.

If their long-term growth stories continue to play out, the current share price weakness could look like an opportunity in hindsight.

The post Why I think these cheap ASX shares could be strong buys appeared first on The Motley Fool Australia.

Treasury shares jumped when it first emerged that Mr Goudet had spent about $226 million buying into the struggling wine company, with the stock adding 10% in the couple of days after the news was announced in late December.

Treasury Wine shares have continued to slide since then however, falling from $5.39 on December 24 to be changing hands for $4.55 currently.

A new announcement to the ASX on Tuesday shows Mr Goudet's company has been buying up stock since January 19.

Wheeler and dealer

Mr Goudet's interest is of note, given his background in Europe as a buyer and seller of high-profile brands.

He is well known in European business circles as the former head of JAB Holding, which managed the wealth of Germany's Reimann family.

While in that role, Mr Goudet spearheaded the takeover of companies including Krispy Kreme and Pret a Manger, and according to a report in The Australian, he also personally bought a chateau in Bordeaux with his wife in 2021.

Mr Goudet, who was also the former Chief Financial Officer at Mars, stepped down from JAB Holding in 2023.

Mr Goudet is getting his new shares at a relative bargain, with Treasury Wine shares well down on their highs of $10.88 over the past year.

Tough times in the wine trade

Treasury in mid-February announced half-year EBITS of $236.4 million, which was a 39.6% decline on the previous corresponding period, and a net loss of $649.4 million, including $751 million in non-cash write-downs of its US assets.

The company suspended its interim dividend to preserve capital, and reiterated that it had started strategic actions "to maintain brand strength and healthy sales channels across key markets, with reducing customer inventory holdings in the US and China a priority''.

Treasury Chief Executive Officer Sam Fischer said at the time:

Today's results come at a time when we are already making meaningful progress with the decisive actions required to return TWE to a path of sustainable, profitable growth. Our focus is firmly on the future to strengthen execution and ensure we build a stronger, more resilient business for the long term. TWE Ascent is the key enabler of this reset. It is a disciplined, multi-year transformation program designed to sharpen our portfolio, simplify the organisation and optimise our cost base, and I am pleased with the progress we have made to date. Encouragingly, we are seeing our key brands continue to perform in the marketplace and resonate strongly with consumers, reinforcing confidence in the strength of our portfolio and our ability to deliver improved performance as we execute the transformation of the business.  

The post Which billionaire has upped his stake in Treasury Wine Estates? appeared first on The Motley Fool Australia.

Treasury Wine Estates Ltd (ASX: TWE) shares have plunged 42% at the time of writing, while Zip Co Ltd (ASX: ZIP) has lost a whopping 55% in value over 6 months.

Let's unpack what's driving the sell-off and whether this is the moment for investors to pounce.

Treasury Wine Estates

On paper, this S&P/ASX 200 Index (ASX: XJO) wine heavyweight still has plenty going for it. Its portfolio of premium and luxury labels, such as Penfolds, 19 Crimes, and Lindeman's, carries global clout.

When conditions normalise, brand strength and margin leverage could quickly revive earnings. For contrarian investors who believe in the long-term appeal of premium wine, this slump might look like an entry point to buy this ASX share.

But the risks are hard to ignore.

For the first time in more than a decade, shareholders won't receive two dividends. The decision to suspend payouts rattled the market. Add in suspended guidance and soft demand across key regions, and it's clear this isn't just a small bump in the road.

Management says the focus now is execution, cash flow, and fast-tracking Project Ascent. This cost-cut program is targeting $100 million in annual savings over two to three years. The board is also guiding to a stronger second half in FY26.

The market isn't fully convinced.

Some brokers have stuck with cautious hold ratings and price targets well below prior highs. Morgans, for one, retained its hold call for the ASX shares after digesting the 1H FY26 result. And it wasn't exactly glowing in its assessment.

Still, Morgans nudged its 12-month price target up from $5.25 to $5.30 a share, implying potential upside of roughly 17% from current levels.

Zip

Over the past few weeks, Zip shares have been among the most volatile on the ASX. They have been swinging from sharp sell-offs after disappointing full-year results and negative sentiment to periodic rallies that give the market some hope.

The buy now, pay later (BNPL) provider delivered solid results. Earnings jumped, guidance edged higher, and momentum looked healthy. But the market focused on the fine print.

Margins slipped to 7.9% as the faster-growing, but lower-margin US business drove more volume. Net bad debts nudged up to 1.73% of TTV, still inside board targets, but enough to keep investors alert.

Management also signalled that second-half cash EBITDA will match the first. Translation? Profit growth may pause before it re-accelerates.

The bigger issue is trust. The buy now, pay later sector still faces regulatory change, tougher competition, and the risk of rising credit losses if consumers pull back. Those risks haven't faded. And for a stock that's already endured heavy selling, every wobble gets magnified.

So, what's next?

Most brokers still see upside. The key will be turning new offerings into sticky, sustainable revenue streams.

UBS is bullish on the ASX share, maintaining a buy rating and a $4.50 target, suggesting potential gains of around 136% over the next year.

The post 2 battered ASX shares that look too cheap to ignore appeared first on The Motley Fool Australia.

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) remains the most shorted ASX share with short interest of 16.1%, which is down since last week. There are concerns over this uranium miner's production outlook.
• Domino's Pizza Enterprises Ltd (ASX: DMP) has seen its short interest ease to 15.6%. Short sellers appear to believe the struggling pizza chain operator's turnaround strategy will fail. Last month, it reported a 2.5% decline in same store sales during the first half.
• Treasury Wine Estates Ltd (ASX: TWE) has seen its short interest rise to 14.4%. This wine giant has been battling very tough trading conditions. Short sellers may not believe a change is coming in the near term.
• Guzman Y Gomez Ltd (ASX: GYG) has short interest of 13.4%, which is down week on week. This burrito seller's shares crashed last month in response to the release of a disappointing half-year result. It continues to make a loss in the United States, which was supposedly its largest growth opportunity.
• Polynovo Ltd (ASX: PNV) has short interest of 12.9%, which is up since last week. This medical device company could have been targeted due to its lofty valuation.
• Telix Pharmaceuticals Ltd (ASX: TLX) has short interest of 12.4%, which is flat since last week. This radiopharmaceuticals company has been facing delays with FDA approvals.
• IPH Ltd (ASX: IPH) has short interest of 12.3%, which is up week on week. This intellectual property services company has been battling weaker volumes and market share losses.
• IDP Education Ltd (ASX: IEL) has 11.8% of its shares held short, which is up week on week. Changes to visa rules in key markets have weighed on sentiment and this student placement and language testing company's performance.
• Flight Centre Travel Group Ltd (ASX: FLT) has short interest of 10.8%, which is up week on week. There are concerns that the travel agent won't deliver on its revenue margin targets.
• Nanosonics Ltd (ASX: NAN) has entered the top ten with short interest of 10.3%. Last month, this infection prevention company posted a 3% decline in profit before tax during the first half. Short sellers may believe this trend will continue.

The post These are the 10 most shorted ASX shares appeared first on The Motley Fool Australia.