ASX Short Selling Weekly: 5 Oct – 9 Oct 2026
The most shorted ASX stocks this week (DRO, LOT, BOE), the biggest increases and covering in short interest, and director buying in heavily shorted stocks. ASIC data as at 5 Oct.
Average short interest across ASX stocks with reportable positions fell from 1.53% to 1.52% in the week to 5 Oct. DroneShield Limited (DRO) remains the most shorted stock at 14.52%. The biggest build was in Lindian Resources Limited (LIN), up 1.97% to 5.85%. The heaviest covering was in Cauldron Energy Limited (CXU), down 1.74% to 0.70%.
The 10 most shorted ASX stocks
Short positions as at 5 Oct, with the change since 28 Sep.
| Rank | Stock | Company | Short interest | Weekly change |
|---|---|---|---|---|
| 1 | DRO | DroneShield Limited | 14.52% | -0.65% |
| 2 | LOT | Lotus Resources Limited | 13.97% | +0.71% |
| 3 | BOE | Boss Energy Limited | 13.12% | -0.07% |
| 4 | BCOM | GBLX Bloomberg C ETF ETF Units | 13.11% | new |
| 5 | PLS | PLS Group Limited | 12.76% | +0.48% |
| 6 | ZIP | Zip Co Limited | 12.58% | -0.10% |
| 7 | IPX | IperionX Limited | 12.45% | -0.35% |
| 8 | DMP | Domino's Pizza Enterprises Limited | 11.65% | -0.11% |
| 9 | LYC | Lynas Rare Earths Limited | 11.53% | +0.95% |
| 10 | PDN | Paladin Energy Ltd | 11.45% | +0.42% |
Biggest increases in short interest
Where short sellers added the most, among stocks with at least 2% short interest.
| Stock | Company | Sector | Before | Now | Change |
|---|---|---|---|---|---|
| LIN | Lindian Resources Limited | Materials | 3.88% | 5.85% | +1.97% |
| BC8 | Black Cat Syndicate Limited | Materials | 2.76% | 4.58% | +1.82% |
| PNI | Pinnacle Investment Management Group Limited | Financials | 4.22% | 5.38% | +1.15% |
| AAI | Alcoa Corporation | Materials | 1.67% | 2.79% | +1.12% |
| TLC | The Lottery Corporation Limited | Consumer Discretionary | 8.31% | 9.29% | +0.98% |
| LYC | Lynas Rare Earths Limited | Materials | 10.58% | 11.53% | +0.95% |
| AYA | Artrya Limited | Health Care | 7.69% | 8.55% | +0.86% |
| DVP | Develop Global Limited | Materials | 6.68% | 7.52% | +0.83% |
Biggest short covering
Where short positions fell the most. Covering can add buying pressure, but it can also just mean the bearish thesis has played out.
| Stock | Company | Sector | Before | Now | Change |
|---|---|---|---|---|---|
| CXU | Cauldron Energy Limited | Energy | 2.44% | 0.70% | -1.74% |
| ORA | Orora Limited | Materials | 6.18% | 5.19% | -0.99% |
| TYR | Tyro Payments Limited | Financials | 6.41% | 5.52% | -0.88% |
| CHN | Chalice Mining Limited | Materials | 3.72% | 2.84% | -0.88% |
| SBM | St Barbara Limited | Materials | 4.37% | 3.54% | -0.83% |
| ARB | ARB Corporation Limited | Consumer Discretionary | 4.94% | 4.11% | -0.83% |
| 4DX | 4DMedical Limited | Health Care | 11.93% | 11.12% | -0.82% |
| TPW | Temple & Webster Group Ltd | Consumer Discretionary | 4.80% | 3.99% | -0.82% |
New to the top 20
BCOM (13.11%, rank 4), TLC (9.29%, rank 19).
Directors buying heavily shorted stocks
On-market buys lodged this week in stocks with at least 3% short interest: insiders taking the other side of the short trade.
| Stock | Short interest | Director | Shares | Value |
|---|---|---|---|---|
| SOL | 3.09% | Robert Dobson Millner | 10,000 | $1,995,937 |
| MIN | 4.67% | Malcolm Bundey | 1,782 | $93,750 |
| BC8 | 4.58% | Davide Bosio | 100,000 | $75,000 |
| PNI | 5.38% | Deborah Beale | 5,000 | $66,331 |
| BC8 | 4.58% | Paul Chapman | 50,000 | $39,500 |
| MIN | 4.67% | Lawrie Tremaine | 618 | $32,478 |
| MIN | 4.67% | Colin Moorhead | 587 | $30,875 |
| MIN | 4.67% | Xi Xi | 529 | $27,790 |
Price-sensitive news from heavily shorted stocks
Announcements this week from stocks with at least 5% short interest.
- LOT (13.97% short, 8 Oct): Inventory Prepayment Facility and Export Permitting
- EOS (9.70% short, 9 Oct): New Nation-Wide Counter Drone Contract (A$700m)
- CU6 (8.94% short, 8 Oct): SECuRE update
- ELV (6.99% short, 8 Oct): Spodumene Supply Agreement signed with LG Energy Solution
- LIC (5.93% short, 9 Oct): Q1 FY27 Trading Update
- GYG (5.53% short, 9 Oct): Q1 FY27 Quarterly Sales Update
- INA (5.33% short, 5 Oct): Update on Further Revised Non-Binding Indicative Offer
Short positions come from ASIC's daily short position reports, published four business days after the trade date. This report uses positions as at 5 Oct and compares them with 28 Sep. 765 stocks had reportable short positions. This is data, not investment advice.