MGX Resources Limited, together with its subsidiaries, engages in the mining, processing, shipment, export, and sale of hematite iron ore in Australia and China. Its flagship project is the Koolan Island mine site located in the Kimberley region of Western Australia. The company is also involved in the treasury management, mineral resources acquisition, and investment activities. The company was formerly known as Mount Gibson Iron Limited and changed its name to MGX Resources Limited in November 2025. The company was incorporated in 1996 and is based in West Perth, Australia.
MGX
MGX
MGX RESOURCES LTD ORDINARY
MGX Resources Limited, together with its subsidiaries, engages in the mining, processing, shipment, export, and sale of hematite iron ore in Australia and China. Its flagship project is the Koolan Island mine site located in the Kimberley region of Western Australia.
Fundamentals
Commodity ContextAll prices →
Data via Yahoo Finance · prices in USD
Historical Data63 days
| Date | Short % | Gross Short |
|---|---|---|
| 16 July | — | — |
| 15 July | — | — |
| 14 July | — | — |
| 13 July | 0.08% | — |
| 10 July | 0.08% | — |
| 9 July | 0.08% | — |
| 8 July | 0.08% | — |
| 7 July | 0.08% | — |
| 6 July | 0.08% | — |
| 3 July | 0.08% | — |
| 2 July | 0.09% | — |
| 1 July | 0.09% | — |
Mgx Resources LTD (MGX) Short Interest Summary
Mgx Resources LTD (MGX) currently has 0.08% of its shares sold short (923 thousand shares, worth approximately $305K), based on ASIC short position data reported on 13 July 2026 (T+4 reporting lag). That makes MGX the #484 most shorted stock on the ASX most shorted list. Short interest in MGX is down 0.00% over the past week and up 0.00% over the past month. MGX is part of the Materials sector on the ASX.
Recent MGX Short Position History
| Date | Short % | Short Shares | Close Price |
|---|---|---|---|
| 13 July 2026 | 0.08% | 0.9M | $0.34 |
| 10 July 2026 | 0.08% | 0.9M | $0.34 |
| 9 July 2026 | 0.08% | 0.9M | $0.34 |
| 8 July 2026 | 0.08% | 0.9M | $0.33 |
| 7 July 2026 | 0.08% | 1.0M | $0.34 |
| 6 July 2026 | 0.08% | 1.0M | $0.33 |
| 3 July 2026 | 0.08% | 1.0M | $0.34 |
| 2 July 2026 | 0.09% | 1.0M | $0.32 |
| 1 July 2026 | 0.09% | 1.0M | $0.32 |
| 30 June 2026 | 0.09% | 1.0M | $0.35 |
MGX Short Selling — Frequently Asked Questions
What is Mgx Resources LTD (MGX)'s current short interest?
Mgx Resources LTD (MGX) currently has a short interest of 0.08% of total shares outstanding. This means 0.08% of MGX'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 MGX heavily shorted on the ASX?
MGX has a relatively low short interest of 0.08%. Short interest below 5% generally suggests limited bearish sentiment from short sellers.
What does short interest mean for MGX investors?
Short interest in MGX shows the percentage of shares investors have borrowed and sold, betting the price will fall. At 0.08%, MGX's short interest is at a low level. See our short squeeze candidates and days to cover analysis for more context.
Where does this MGX 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 MGX.