These are the 10 most shorted shares on the ASX

Short sellers are targeting these ASX shares…

most shorted ASX shares

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

At the start of each week I like to look at ASIC's short position report to find out which shares are being targeted by short sellers.

This is because I believe it is well worth keeping a close eye on short interest levels as high levels can sometimes be a sign that something isn't quite right with a company.

With that in mind, here are the 10 most shorted shares on the ASX this week according to ASIC:

  • Webjet Limited (ASX: WEB) has become the most shorted share on the ASX after its short interest rose to 11%. Lockdowns and border closures appear to be weighing heavily on this online travel agent's shares.
  • Kogan.com Ltd (ASX: KGN) has seen its short interest fall meaningfully week on week to 10.2%. Short sellers appear to have been closing positions on the belief that the recent outbreak of COVID-19 in Australia could boost online retailers again.
  • Flight Centre Travel Group Ltd (ASX: FLT) has seen its short interest jump to 10.1%. As with Webjet, lockdowns and border closures look set to delay this travel agent's recovery from the pandemic.
  • Inghams Group Ltd (ASX: ING) has 8.8% of its shares held short, which is flat week on week. Short sellers are believed to be targeting the poultry company due to concerns over an upcoming major contract renewal with a supermarket giant.
  • Electro Optic Systems Hldg Ltd (ASX: EOS) has 8.1% of its shares held short, which is down week on week once again. Supply chain concerns and unusual accounting methods are the reason this communications, defence, and space company is being targeted.
  • Resolute Mining Limited (ASX: RSG) has seen its short interest remain at 8%. A weakening outlook for the gold price and production and regulatory issues have weighed heavily on its shares this year.
  • Zip Co Ltd (ASX: Z1P) has short interest of 8%, which is up week on week again. There are concerns that Afterpay's new pay anywhere service in the United States could disrupt Zip's key Quadpay business.
  • Tassal Group Limited (ASX: TGR) has short interest of 7.7%, which is down week on week once again. With salmon prices tipped to rebound, short sellers appear to have been closing their positions.
  • Temple & Webster Group Ltd (ASX: TPW) has seen its short interest ease to 7.6%. As with Kogan, short sellers may have been closing positions on the belief that the recent outbreak of COVID-19 has given ecommerce companies a major lift.
  • InvoCare Limited (ASX: IVC) is back in the top ten with short interest of 6.9%. There are concerns that InvoCare could be losing market share to its funeral industry rivals despite its investments and acquisitions.

Wondering where you should invest $1,000 right now?

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes could be the 'five best ASX stocks' for investors to buy right now. We believe these stocks are trading at attractive prices and Scott thinks they could be great buys right now...

See The 5 Stocks *Returns as of 30 April 2025

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of and has recommended Electro Optic Systems Holdings Limited, Kogan.com ltd, Temple & Webster Group Ltd, and ZIPCOLTD FPO. The Motley Fool Australia owns shares of and has recommended Electro Optic Systems Holdings Limited, Kogan.com ltd, and Webjet Ltd. The Motley Fool Australia has recommended Flight Centre Travel Group Limited, InvoCare Limited, and Temple & Webster Group Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on Share Market News

A man looking at his laptop and thinking.
Share Gainers

Here are the top 10 ASX 200 shares today

The markets lost their steam this Thursday.

Read more »

A young man pointing up looking amazed, indicating a surging share price movement for an ASX company
Broker Notes

3 amazing ASX 200 shares to buy and hold forever

Brokers think these shares are in the buy zone. Let's see why they could be top buy and hold picks.

Read more »

iPhone with the logo and the word Google spelt multiple times in the background.
Opinions

I've been buying these 2 US stocks in 2025. Here's why

Sometimes the US markets are a better place to go shopping for stocks.

Read more »

Ecstatic woman looking at her phone outside with her fist pumped.
Share Gainers

Why Catapult, Hutchinson, SKS, and West African shares are pushing higher today

These shares are having a strong session despite the market weakness.

Read more »

A man sits in despair at his computer with his hands either side of his head, staring into the screen with a pained and anguished look on his face, in a home office setting.
Share Fallers

Why Dexus, Mayne Pharma, Nufarm, and Treasury Wine shares are falling today

These shares are having a tough session on Thursday. But why?

Read more »

A woman sits at her computer with her chin resting on her hand as she contemplates her next potential investment.
Mergers & Acquisitions

IAG share price lifts off on strategic alliance approval

IAG shares are racing higher in Thursday’s sinking market.

Read more »

Rising gold share price represented by a green arrow on piles of gold block.
Gold

Up 72% in 2025, why is this ASX 200 gold stock racing ahead of the benchmark again today?

Investors are bidding up this high-flying ASX 200 gold stock again on Thursday. But why?

Read more »

A woman wearing a black and white striped t-shirt looks to the sky with her hand to her chin contemplating buying ASX shares today as the market rebounds
Share Market News

Where could the RBA interest rate go in the next 12 months?

Here’s what one expert thinks could happen with interest rates by early 2026.

Read more »