The Short Report

Weekly Reports | Feb 08 2018


The Short Report draws upon data provided by the Australian Securities & Investment Commission (ASIC) to highlight significant weekly moves in short positions registered on stocks listed on the Australian Securities Exchange (ASX). Short positions in exchange-traded funds (ETF) and non-ordinary shares are not included. Short positions below 5% are not included in the table below but may be noted in the accompanying text if deemed significant.

Please take note of the Important Information provided at the end of this report. Percentage amounts in this report refer to percentage of ordinary shares on issue.

Stock codes highlighted in green have seen their short positions reduce in the week by an amount sufficient to move them into a lower percentage bracket. Stocks highlighted in red have seen their short positions increase in the week by an amount sufficient to move them into a higher percentage bracket. Moves in excess of one percentage point or more are discussed in the Movers & Shakers report below.


Week ending February 1, 2018

Last week saw the ASX200 push up through 6100 en route to retest the previous before…well…we all know what happened next. As this Report follows the week ending Thursday, the table below reflects short positions in place before the big market sell-off early this week.

Next week’s will be an interesting Report, but for now, we see minimal movement in short positions in the table as one might expect ahead of results season kicking into gear.

Alas, I must apologise for highlighting a drop in shorts last week for Domino’s Pizza ((DMP)). The stock did enjoy a 10% rally as noted, which would explain a three percentage point drop in shorts, but last week Domino’s shorts bounced straight back to where they were, at 16.7%, suggesting it was all just another blip in the ASIC data.

And, I’m afraid, ditto on TPG Telecom ((TPG)). Its shorts fell to 5.5% from 7.1% and as of last week were right back at 7.1% again. It’s a frustrating business.

So it is not without trepidation that I highlight last week’s major mover, being Tassal Group ((TGR)), whose shorts have jumped to 8.0% from 5.9%.

See below.

Weekly short positions as a percentage of market cap:


SYR    21.4
IGO     16.7
DMP   16.7
HSO    13.9
JBH     13.8
RFG    12.9
GXL    10.7
HT1     10.6

The full story is for FNArena subscriber only. To subcribe click here

If you are New to FNArena click here for a trial