Updated: Monday 31 August 2026

ASX Short Squeeze Stocks

Stocks with the highest short squeeze potential on the Australian Securities Exchange. Our algorithm analyses short interest, days to cover, price momentum, and lending market tightness to identify candidates. Updated daily from ASIC reports.

20
Candidates Found
7.3%
Top Candidate Short %
81
Highest Score /100
13
Stocks >10% Short

Top Squeeze Candidates

RankStockShort %Score
#1GYG

GUZMAN Y GOMEZ LTD ORDINARY

7.26%81/100
#2DMP

DOMINO PIZZA ENTERPR ORDINARY

12.33%73/100
#3MI6

MINERALS260LIMITED ORDINARY

5.22%70/100
#4RHC

RAMSAY HEALTH CARE ORDINARY

5.49%64/100
#5BMN

BANNERMAN ENERGY LTD ORDINARY

6.88%62/100
#6PDN

PALADIN ENERGY LTD ORDINARY

11.10%62/100
#7TLX

TELIX PHARMACEUTICAL ORDINARY

10.47%60/100
#8DVP

DEVELOP GLOBAL LTD ORDINARY

6.69%58/100
#9GMD

GENESIS MINERALS ORDINARY

9.38%57/100
#10PLS

PLS GROUP LTD ORDINARY

11.22%56/100
#11RIO

RIO TINTO LIMITED ORDINARY

9.74%53/100
#12ACL

AU CLINICAL LABS ORDINARY

5.41%50/100
#13EOS

ELECTRO OPTIC SYS. ORDINARY

8.06%49/100
#14MSB

MESOBLAST LIMITED ORDINARY

7.34%49/100
#15TWE

TREASURY WINE ESTATE ORDINARY

11.96%48/100
#16FFM

FIREFLY METALS LTD ORDINARY

5.30%47/100
#17HMC

HMC CAPITAL LIMITED ORDINARY

5.68%47/100
#18BOE

BOSS ENERGY LTD ORDINARY

8.88%45/100
#19ILU

ILUKA RESOURCES ORDINARY

6.71%43/100
#20PXA

PEXAGROUP ORDINARY

5.13%41/100

What Is a Short Squeeze?

A short squeeze occurs when a heavily shorted stock rises in price, forcing short sellers to buy back shares to close their positions. This buying pressure drives the price up further, creating a feedback loop. Short squeezes can cause rapid and significant price increases, particularly when combined with limited share availability in the securities lending market. Read our full guide to short squeezes.

How We Score Squeeze Candidates

Our algorithm evaluates five key components to generate a blended score from 0 to 100:

  • Price Resilience: Stock holding gains despite increasing short interest
  • Short Acceleration: Rate of short interest increase over recent weeks
  • Momentum Trap: High short interest combined with recent price weakness
  • Reversal Pattern: Price behaviour suggesting a potential reversal
  • Coiled Spring: Days to cover combined with momentum indicators

Key Factors for Short Squeeze Potential

  • High short interest (>10%): More short sellers means more potential forced buying
  • High days to cover (>5): Short sellers need more time to exit, increasing squeeze risk
  • Tight lending market: Limited borrowable shares make it harder for shorts to maintain positions
  • Positive catalyst: News or events that could trigger a price increase