Abstract: We analyzed ASX short interest as of August 7th, covering stocks with market cap of at least USD 100m. Aggregate short interest was USD 49,936m, up 6.4% week-on-week, while the ASX200 index rose 3.2%, indicating short interest grew at roughly twice the pace of the broader market. On the increase side, Northern Star Resources (NST AU) saw short value rise by USD 100m (+46.5%), Evolution Mining (EVN AU) by USD 186m (+28.9%), and Rio Tinto (RIO AU) by USD 501m (+12.4%). On the decrease side, QBE Insurance (QBE AU) saw the largest short covering with short value falling by USD 50m (-57.7%), followed by Origin Energy (ORG AU) at -USD 34m (-20.0%) and Santos (STO AU) with a notable reduction in short exposure.
Qantas Airways, Qbe Insurance, Santos, Northern Star Resources, CSL
Interested in the full report? Get in touch with our team.