Magontec Limited, together with its subsidiaries, researches, develops, manufactures, and sells generic and specialist magnesium alloys in Australia, Europe, China, North America, and internationally. The company manufactures and distributes magnesium and titanium cathodic corrosion protection (CCP) products, such as HyTonic anodes, Correx impressed current systems, CorroScout measuring systems, and S-Patron intelligent measuring and control systems. Its CCP products are used in water storage vessels. Additionally, the company recycles magnesium alloys scrap. The company serves automotive, aerospace, power tools, die casting, defense, steel, HVAC, and plumbing industries. Magontec Limited was formerly known as Advanced Magnesium Limited and changed its name to Magontec Limited in November 2011. The company was founded in 1953 and is headquartered in Sydney, Australia.
MGL
MGL
MAGONTEC LIMITED ORDINARY
Magontec Limited, together with its subsidiaries, researches, develops, manufactures, and sells generic and specialist magnesium alloys in Australia, Europe, China, North America, and internationally. The company manufactures and distributes magnesium and titanium cathodic corrosion protection (CCP) products, such as HyTonic anodes, Correx impressed current systems, CorroScout measuring systems, and S-Patron intelligent measuring and control systems.
Fundamentals
Historical Data6 days
| Date | Short % | Gross Short |
|---|---|---|
| 28 Aug | — | — |
| 27 Aug | — | — |
| 26 Aug | — | — |
| 25 Aug | 0.00% | — |
| 24 Aug | 0.00% | — |
| 21 Aug | 0.00% | — |
Magontec Limited (MGL) Short Interest Summary
Magontec Limited (MGL) currently has 0.00% of its shares sold short (0 thousand shares, worth approximately $0K), based on ASIC short position data reported on 25 August 2026 (T+4 reporting lag). That makes MGL the #663 most shorted stock on the ASX most shorted list. MGL is part of the Materials sector on the ASX.
Recent MGL Short Position History
| Date | Short % | Short Shares | Close Price |
|---|---|---|---|
| 25 Aug 2026 | 0.00% | 0.0M | $0.19 |
| 24 Aug 2026 | 0.00% | 0.0M | $0.19 |
| 21 Aug 2026 | 0.00% | 0.0M | $0.19 |
MGL Short Selling — Frequently Asked Questions
What is Magontec Limited (MGL)'s current short interest?
Magontec Limited (MGL) currently has a short interest of 0.00% of total shares outstanding. This means 0.00% of MGL's shares have been sold short by investors who expect the price to decline. This data is sourced from ASIC reports and updated daily.
Is MGL heavily shorted on the ASX?
MGL has a relatively low short interest of 0.00%. Short interest below 5% generally suggests limited bearish sentiment from short sellers.
What does short interest mean for MGL investors?
Short interest in MGL shows the percentage of shares investors have borrowed and sold, betting the price will fall. At 0.00%, MGL's short interest is at a low level. See our short squeeze candidates and days to cover analysis for more context.
Where does this MGL short data come from?
Short position data is published by ASIC with a four trading day delay (T+4) and covers reported short positions as a percentage of total shares on issue. ASX Short Data also tracks daily gross short sales (T+1), securities lending, and director trades for MGL.