The most shorted stocks on the ASX in 2025 (Updated weekly)

Here is a list of Australia's most shorted stocks

Our table of stocks is updated weekly on Friday afternoon.

What is short selling?

Short selling, or "shorting", is an investment tool used by traders to cash in on a falling share price.

The goal of a short-seller is to "borrow" shares in a company, buy them (although they never actually own the shares) and sell them back later on.

The short-seller profits if the price of the shares fall.

However, if the price rises, then the short-seller will need to increase their position.

As we saw during the Gamestop Saga earlier this year, short-sellers are susceptible to a short-squeeze, where the share price rapidly increases primarily due to the excess of short-sellers in the market.

Long (Buy)

This is the more traditional way of investing in the stock market.

Investors who go "long" are buying shares in the hope that over time the share price will grow or improve.

They will make money if the share price increases and lose money should the share price fall.

How can I find out if a company I own is being shorted?

The Australian Securities and Investment Commission (ASIC) releases data on the short positions held against stocks on the Australian Securities Exchange (ASX). To save you having to download and sort through the numbers each week, we've created the table below which will automatically update as the new reports are made available.

Wait... betting against companies isn't illegal?

Short-selling is not illegal in Australia. However, because it can be very risky, it should only be practised by experienced traders.

There are a couple of ways to short stocks in Australia. One of the most common methods of shorting a stock in Australia is through the derivatives market in options or CFD trading. You can read more about derivatives trading in our comprehensive guides or if you want to get trading, you can also compare CFD brokers and options trading brokers.

The traditional method of short selling requires a brokerage account that offers a margin account and enables short-selling. Some brokers include CommSec, Interactive Brokers and Amscot.

For more information on how it all works, check out our guide to short selling in Australia.

To find out how to short a stock, click here.

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Disclaimer: General information only. All forms of investments (and in particular, trading CFDs, commodities and forex) carry significant risk, including the risk of losing more than the invested amounts, market volatility and liquidity risks. Past performance is no guarantee of future results. Such activities are not suitable for most investors.

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Minimum Opening Deposit (low-high)Minimum Opening Deposit (high-low)Commission - ASX 200 Shares (low-high)Commission - ASX 200 Shares (high-low)Available CFD markets (low-high)Available CFD markets (high-low)Platforms (low-high)Platforms (high-low)

Product	Minimum Opening Deposit	Minimum Opening Deposit	Commission - ASX 200 Shares	Available CFD markets	Platforms
Pepperstone CFD Finder Award	$0	$0	$5 or 0.07%	Australian Stocks, Commodity CFDs, Cryptocurrency CFDs, ETFs, Forex, Global Stocks, Indices (CFDs only)	MetaTrader 4 MetaTrader 5 cTrader TradingView Pepperstone Trading Platform	Disclaimer: CFD Service. Your capital is at risk. Get access to more than 90 forex and CFD markets when you sign up with this award-winning Australian broker. Plus, access the new advanced TradingView charts platform.	Go to siteMore Info Compare	loading Fetching your data...
Vantage CFD	$50	$50	No commission	Commodities, Cryptocurrencies, ETFs, Forex, Global Stocks, Indices (CFDs only)	MetaTrader 4 MetaTrader 5 TradingView Vantage app	Disclaimer: CFD Service. Your capital is at risk. Vantage has some of the lowest CFD trading fees in Australia including $0 commissions on all Gold trades. Plus you can find global trends and place trades through the new TradingView charts platform.	Go to siteMore Info Compare	loading Fetching your data...
Plus500 CFD	$100	$100	No commission	Commodities, Cryptocurrencies, ETFs, Forex, Global Stocks, Indices, Options (CFDs only)	Plus500 Trading Platform	Disclaimer: CFD service. Your capital is at risk. Trade CFDs on Australian and International shares, indices, cryptocurrencies, commodities and more.	Go to siteMore Info Compare	loading Fetching your data...

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Trading CFDs and forex on leverage is high-risk and you could lose more than your initial investment. It may not be suitable for every investor. Refer to the provider’s PDS and consider the risks before trading.

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Product	Monthly fee	Options trading fee	Standard brokerage fee
Tiger Brokers Finder AwardExclusive	$0	US$3	US$2	Finder exclusive: Get 4 brokerage-free trades and pay no FX fees on the first $2,000 you exchange each month + plus get an $80 cash voucher when you deposit up to $2,000. T&Cs apply. Trade US, Asian and CHESS-sponsored ASX stocks and US options.	Go to siteMore Info Compare	loading Fetching your data...
CMC Invest Finder Award	$0	$33	$0	Trade over 45,000 shares and ETFs from Australia and 15 major global markets. Plus, buy Aussie shares or ETFs for $0 brokerage up to $1,000 (First buy order of each security, each day - excludes margin loan settled trades).	Go to siteMore Info Compare	loading Fetching your data...
Moomoo Share Trading Exclusive	$0	US$0.50	US$0.99	Finder exclusive: Unlock up to AUD$4,000 and US$4,000 in $0 brokerage over 60 days. T&Cs apply. Trade US, Asian and CHESS-sponsored ASX stocks and get access to social trading.	Go to siteMore Info Compare	loading Fetching your data...

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Important: The standard brokerage fee displayed is the trade cost for new customers to purchase $1,000 of either Australian or US shares. Where a platform charges different fees for both US and Australian shares we show the lower of the two. Where both CHESS sponsored and custodian shares are offered, we display the cheapest option.

Disclaimer: General information only. All forms of investments (and in particular, trading CFDs, commodities and forex) carry significant risk, including the risk of losing more than the invested amounts, market volatility and liquidity risks. Past performance is no guarantee of future results. Such activities are not suitable for most investors.

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Product	Minimum Opening Deposit	Minimum Spreads for Major Currencies	Commission	Minimum Trade Size	Platforms
Pepperstone Forex Trading (Razor Account) Finder Award	$0	0.0 pips	US$0.04 per $1k traded (varies by platform)	0.01 lots	MetaTrader 4 MetaTrader 5 cTrader TradingView Pepperstone Trading Platform	Disclaimer: CFD Service. Your capital is at risk. Choose from a range of fee-free funding methods, plus multiple trading tools including Smart Trader Tools for MetaTrader and cTrader platforms.	Go to siteMore Info Compare	loading Fetching your data...
Vantage Forex Trading	$50	0.0 pips - 1.0 pips	$0	0.01 lots	MetaTrader 4 MetaTrader 5 TradingView Vantage app	Disclaimer: CFD Service. Your capital is at risk. Spreads start from 0.0 on major currency pairs like AUD/USD, EUR/USD, GBP/USD and more. Plus you can places trades and find global trends through the TradingView charts platform. Trade with our RAW account with just $1 per lot each side	Go to siteMore Info Compare	loading Fetching your data...
Plus500 Forex Trading	AUD $100	1.0 pips	$0	N/A	Plus500 Trading Platform	Disclaimer: CFD Service. Your capital is at risk. Minimum spreads of 0.01% for major currencies. Customers should visit Plus500's website for updated spreads in real time. Open an account and experience Plus500's easy-to-use proprietary trading platform, 24/7 online chat support and free real-time forex quotes.	Go to siteMore Info Compare	loading Fetching your data...

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Trading CFDs and forex on leverage is high-risk and you could lose more than your initial investment. It may not be suitable for every investor. Refer to the provider’s PDS and consider the risks before trading.

• What is the most shorted stock in Australia?

  In 2025 the most shorted stock in Australia is Boss Energy (BOE). Boss Energy has claimed this top spot every week since the start of the new year (to March 6, 2025).

• Is short selling legal in Australia?

  Short selling is legal in Australia however there are strict regulations. For example, traders must report any short sales positions to the Australian Securities and Investments Commission (ASIC) and it's illegal to naked short sell. Naked short selling is where traders sell equities they haven't borrowed or don't own.

• What is a heavily shorted stock?

  As of March 2025, mining and mineral stocks top the most shorted list of ASX stocks. Topping the list to date are Boss Energy, Paladin Energy and Pilbara Minerals.

• Can a stock be over 100% shorted?

  It's possible for a stock to be over 100% shorted as was the case with GameStop (GME) back in 2021. This is the case because shares can be borrowed, loaned and shorted multiple times by multiple parties at the same time.

  However short-selling is closely regulated in Australia by ASIC which limits the potential of a short squeeze from occurring.

Written by

Kylie Purcell

Investments Analyst

Kylie Purcell is an experienced investments analyst and finance journalist with over a decade of expertise in a wide range of financial products, including online trading platforms, robo-advisors, stocks, ETFs and cryptocurrencies. She is a sought-after commentator and regularly shares her insights on the AFR, Yahoo Finance, The Motley Fool, SBS and News.com.au. Kylie hosts the Investment Finder video series and actively contributes to the investment community as a judge and panellist. She holds a Master of Arts in International Journalism, a Graduate Diploma in Economics, and ASIC-recognised certifications in securities and managed investments. See full bio

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