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These are the 10 most shorted shares on the ASX



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:

  • Webjet Limited (ASX: WEB) is back as the most shorted ASX share after its short interest rose to 9.9%. Concerns over its valuation and a longer than expected recovery in the tourism market appear to be the reason for the poor sentiment.
  • Tassal Group Limited (ASX: TGR) isn’t far behind with short interest of 9.8%, which is down slightly…

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