ASX Short Squeeze Stocks
Heavily shorted ASX stocks ranked by their odds of a 30%+ rise within 20 trading days. These stocks swing both ways, so the chance of a 30%+ fall is shown too. Updated daily from ASIC reports.
Top Squeeze Candidates
| Rank | Stock | Short % | Squeeze odds | Crash risk |
|---|---|---|---|---|
| #1 | BOE Boss Energy Limited | 15.11% | 17% | 8% |
| #2 | EOS Electro Optic Systems Holdings Limited | 10.85% | 17% | 8% |
| #3 | ZIP Zip Co Limited | 12.90% | 16% | 8% |
| #4 | MI6 Minerals 260 Limited | 8.21% | 16% | 7% |
| #5 | LIN Lindian Resources Limited | 6.25% | 15% | 7% |
| #6 | AYA Artrya Limited | 10.05% | 15% | 7% |
| #7 | ELV Elevra Lithium Limited | 6.55% | 14% | 7% |
| #8 | CYL Catalyst Metals Limited | 7.30% | 14% | 7% |
| #9 | LOT Lotus Resources Limited | 15.56% | 14% | 7% |
| #10 | GDG Generation Development Group Limited | 7.52% | 13% | 6% |
| #11 | PLS PLS Group Limited | 12.89% | 13% | 6% |
| #12 | TLX Telix Pharmaceuticals Limited | 10.69% | 12% | 6% |
| #13 | WTC WiseTech Global Limited | 10.99% | 12% | 6% |
| #14 | A4N Alpha HPA Limited | 6.79% | 12% | 6% |
| #15 | LTR Liontown Limited | 7.19% | 11% | 6% |
| #16 | PDN Paladin Energy Ltd | 11.82% | 11% | 6% |
| #17 | DVP Develop Global Limited | 8.01% | 11% | 5% |
| #18 | 4DX 4DMedical Limited | 10.72% | 10% | 5% |
| #19 | GMD Genesis Minerals Limited | 8.76% | 10% | 5% |
| #20 | IPX IperionX Limited | 12.88% | 10% | 5% |
Most Shorted Stocks
See all ASX stocks ranked by short interest
Days to Cover
How long it would take shorts to exit
Securities Lending
Track lending pool tightness and utilisation
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 Rank Squeeze Candidates
Every ASX company with 5% or more of its shares sold short is ranked against the others on five signals, and the average rank is turned into the chance of a 30%+ rise (squeeze odds) and of a 30%+ fall (crash risk) within 20 trading days, using four years of weekly history:
- Volatility: Big daily swings over the last 20 trading days. The strongest signal: stocks that move a lot are the ones that squeeze (and crash).
- Short interest: Share of the company sold short. More shorts means more potential buyers if they have to cover.
- Shorts building: Change in short interest over about four weeks. Rising short interest added to squeeze odds in the backtest.
- Off the lows: How far the price is above its 52-week low. Stocks bouncing off their lows squeezed more often.
- Low days to cover: Shorts divided by average daily volume, inverted. High days to cover predicted fewer squeezes, in line with academic research.
What the Data Says About Squeezes
- Volatility matters most: stocks that already swing a lot are the ones that squeeze, and also the ones that crash
- High short interest helps: more shorts means more forced buying if the price rises
- High days to cover does not: it predicted fewer squeezes and weaker returns, in line with academic research
- A catalyst still matters: news or results that force shorts to rethink are what start most squeezes