The Short Report

Weekly Reports | May 09 2019

Guide:

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.

Summary:

Week ending May 2, 2019

Last week saw the ASX200 drop back from its holiday-thin rally the week before, fall further on end-of-month squaring, and rally back on the fist of May with a bit of help from bank results.

Most of the red and green below represents bracket creep. However, we will note that having provided a profit warning earlier with its quarterly update, Flight Centre ((FLT)) appeared back in the 5%-plus shorted table last week at 5.2%.

The only other movements of interest last week were among the lithium miners.

See below. 

Weekly short positions as a percentage of market cap:

10%+

SYR    17.3
ING     16.1
JBH     14.9
GXY   14.9
NXT    14.8
NUF    14.7
ORE    12.2
MTS    11.8
BAL    11.5
BWX   10.9
PLS     10.0


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