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 for another week even after its short interest eased slightly to 19.5%. Short sellers have successfully targeted this uranium producer after it released a disappointing production update on the Honeymoon Project.
• Domino’s Pizza Enterprises Ltd (ASX: DMP) has seen its short interest ease slightly again to 17.6%. Short sellers appear to be doubting that this pizza chain operator’s turnaround strategy will be a success.
• Guzman Y Gomez Ltd (ASX: GYG) has short interest of 13.7%, which is flat week on week. This burrito seller’s shares trade on extremely high multiples. And with its US expansion disappointing the market, some may believe this premium isn’t justified.
• Paladin Energy Ltd (ASX: PDN) has short interest of 12.5%, which is down week on week again. There may be concerns over potential operational challenges for this uranium miner.
• IDP Education Ltd (ASX: IEL) has 12.2% of its shares held short, which is down week on week again. Major student visa changes in key markets have weighed on this language testing and student placement services company’s performance.
• PWR Holdings Ltd (ASX: PWH) has short interest of 11.7%, which is down since last week. Unfortunately for short sellers, this advanced cooling products and solutions provider’s shares jumped to a 52-week high last week thanks to a defence contract win.
• Polynovo Ltd (ASX: PNV) has short interest of 11.5%, which is down since last week. This medical device company’s shares may have been targeted due to valuation concerns.
• Telix Pharmaceuticals Ltd (ASX: TLX) has short interest of 11.3%, which is flat week on week. This radiopharmaceuticals company had a tough time in 2025 when it experienced delays to FDA approvals and increased regulatory scrutiny.
• DroneShield Ltd (ASX: DRO) has short interest of 11%, which is down slightly since last week. Short sellers seem to think that this counter drone technology company’s shares are overvalued following very strong gains in 2025.
• Treasury Wine Estates Ltd (ASX: TWE) has entered the top ten with short interest of 10.4%. This wine giant is having a tough time due to distributor uncertainty and unfavourable consumer trends.

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, DroneShield, 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, 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.