These are the 10 most shorted ASX shares

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:

• Boss Energy Ltd (ASX: BOE) remains the most shorted ASX share with short interest of 23.7%. This is down week on week. There are concerns that the uranium miner’s production beyond 2026 will fall short of expectations.
• Domino’s Pizza Enterprises Ltd (ASX: DMP) has seen its short interest ease slightly to 16.9%. This pizza chain operator has been struggling in recent years and short sellers appear to believe it won’t be a quick fix.
• Guzman Y Gomez Ltd (ASX: GYG) has short interest of 13.2%, which is up week on week again. Valuation concerns are likely to be behind this. Especially given the disappointing performance of its US business, which was seen as a key driver of long term growth.
• Paladin Energy Ltd (ASX: PDN) has short interest of 13.1%, which is down slightly week on week. A number of uranium stocks are being targeted by short sellers. This could be on the belief that nuclear power adoption won’t be as great as some predict.
• IDP Education Ltd (ASX: IEL) has 12% of its shares held short, which is down week on week. This language testing and student placement company’s shares are down 60% this year after unfavourable visa changes and trading conditions weighed on its performance and outlook.
• Flight Centre Travel Group Ltd (ASX: FLT) has short interest of 11.7%, which is up slightly since last week. Short sellers continue to load up on this travel agent’s shares despite its positive start to FY 2026 and news of a key acquisition this month.
• PWR Holdings Ltd (ASX: PWH) has short interest of 11.3%, which is up week on week again. This motorsport products company has been out of form recently and warned that FY 2026 could be another transitional year.
• Polynovo Ltd (ASX: PNV) has short interest of 11.2%, which is flat since last week. This could be due to valuation concerns, with the medical device company’s shares trading on sky-high multiples.
• Telix Pharmaceuticals Ltd (ASX: TLX) has short interest of 11%, which is up week on week. This biotech company has been struggling with delays to FDA approvals this year.
• IPH Ltd (ASX: IPH) has entered the top ten with short interest of 10.9%. This intellectual property services provider has been battling weak trading conditions. Short sellers appear to believe this weakness will continue.

The post These are the 10 most shorted ASX shares appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has positions in Domino’s Pizza Enterprises. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Domino’s Pizza Enterprises, PWR Holdings, PolyNovo, and Telix Pharmaceuticals. The Motley Fool Australia has positions in and has recommended PWR Holdings. The Motley Fool Australia has recommended Domino’s Pizza Enterprises, Flight Centre Travel Group, IPH Ltd , PolyNovo, and Telix Pharmaceuticals. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.