Business · Markets · 1 hr ago

DroneShield remains the most shorted ASX share

DroneShield remains the most shorted ASX share

ASIC’s weekly figures show the share of each company’s stock that investors have sold short, a bet that its price will fall.

DroneShield, an Australian counter-drone technology company, ranked first, with 14.5% of its shares held short, down from 15.2% the previous week.

The list also includes uranium, lithium and rare-earths companies, as well as businesses in payments, pizza, titanium and medical imaging.

Short interest rose for Lotus Resources, PLS Group, Lynas Rare Earths and Paladin Energy, while it fell for DroneShield, Zip, IperionX, Domino’s, 4DMedical and others.

The figures do not establish why investors are betting against a share; the article suggests possible concerns including production targets, costs, company disclosures and valuations.

High short interest can signal that investors are worried about a company, but it does not show what will happen to its share price.

No next steps are specified.

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