Short sellers on the Australian market have changed direction.
Six months ago, hedge funds focused on the resource boom. Lithium and uranium producers dominated the most shorted lists as traders positioned for a correction after sharp commodity rallies. Today the focus has moved elsewhere. Consumer-facing companies now sit at the top of the short interest rankings.
Domino’s Pizza currently holds the position as the most heavily shorted stock on the ASX. Treasury Wine Estates and Guzman y Gomez are also among the most targeted names. The shift reflects a growing view among hedge funds that pressure on household. . .
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