Business
Here are the 10 most shorted shares on the ASX
Every Monday 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:
- Webjet Limited (ASX: WEB) remains the most shorted share on the Australian share market despite its short interest sliding to 14.6%. Short sellers won’t have enjoyed last week. The online travel agent’s shares rocketed higher following news of a promising COVID-19 vaccine.
- InvoCare Limited (ASX: IVC) has short interest of 9.5%, which is down…
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