The 10 most-shorted ASX stocks right now (and those attracting more short sellers)

The ASX 200 may be back near record highs, but the contrast between winners and losers remains stark. 

Another polarising reporting season certainly isn't helping matters. While some blue-chip giants soar, others have been annihilated, whilst on a sector level, the divergence is even starker. 

But have these market movements had any impact on the ASX stocks that short sellers are targeting?

The most-shorted ASX stocks

Uranium miner Boss Energy (ASX: BOE) has returned to the top of the short interest pile, with 17.36% of its shares on issue currently sold short. 

It briefly lost its crown as the ASX stock with the highest short interest in early January, but has now edged back ahead of Domino's (ASX: DMP) in the last week. 

Domino's, along with consumer peers Treasury Wine Estates Ltd (ASX: TWE) and Guzman Y Gomez (ASX: GYG), and TELIX Pharmaceuticals (ASX: TLX), make up the rest of the top five, and all have consistently been amongst the stocks with the highest short interest for the past  six months. 

What is notable is the lack of SaaS and tech stocks on the list, given how much the sector has sold off in recent months as a result of the ever-growing threat of AI. 

Notable SaaS names like Xero (ASX: XRO), Hub24 (ASX: HUB) and Wisetech (ASX: WTC) have been some of the ASX 200's worst performers over the last 12 months, but don't figure particularly highly on the list of stocks with the biggest short interest.

It suggests institutional and sophisticated investors (those more likely to take short positions) aren't necessarily as bearish on these names as the wider market seems to be, or at least aren't willing to actively bet against them.

The ASX stocks seeing more shorting

Whilst SaaS stocks don't feature too highly on the list of most-shorted ASX stocks, there are some notable movements on the list of stocks where short interest is up week-on-week. A number of tech stocks have seen a material change in the number of shares sold short as the sector battles the existential threat of AI. 

Siteminder (ASX: SDR), the hotel software platform, has seen the biggest increase in short interest over the last week, to 3.88%. It has sold off more than 33% in the last month.

And it's one of a few genuine ASX SaaS stocks to see an uptick in short interest amidst the ongoing AI threat. Other tech darlings like Catapult Sports, Droneshield and IPH Group have also seen an uptick in short interest, as have REA Group and CAR Group (both make the top 20 list).

Elsewhere, Credit Corp Group (ASX: CCP) has also seen a pronounced increase in short interest after a reporting season miss (including a 10% miss on NPAT) saw the stock crash 16%.

AMP Ltd (ASX: AMP) is another reporting season casualty, and ranks third on the list after it sold off 27% following the release of its FY25 results. 

As reporting season comes to a head with Super Thursday and we see more tech names release their results, we could see the short-selling picture change dramatically, especially if investors smell blood.