Buy Hold Sell: 6 ASX stocks the shorts sellers love to hate

Short sellers are often described as the smartest money in the room. They borrow shares, sell them on market, and actively bet that the price will fall. Get it right and the returns can be substantial. Get it wrong and the losses are theoretically unlimited. Just ask the person on Reddit who shorted Korean fried chicken companies then lost it all when pictures of Jensen Huang eating fried chicken in Seoul went viral. I think about them often. Mostly I think - what were they thinking. In this episode of Buy Hold Sell, we are joined by Michael Wayne from Medallion Financial and Henry Jennings from Marcus Today to work through six of the ASX's most heavily shorted stocks right now. As Jennings puts it, a big short position doesn't necessarily mean something is wrong, sometimes it's just an easy target. But when you're looking at short interest north of 20% and days to cover that stretch into months of normal volume, there's usually a story underneath that’s worth knowing about. This episode was filmed Wednesday 24th June, 2026. Check it out here on Livewire Markets: https://bit.ly/43UmOb2 00:09 — Introduction 00:39 — Explaining Short Interest 04:40 — CAR Group (ASX: CAR) 07:05 — Lynas Rare Earths (ASX: LYC) 10:23 — Endeavour Group (ASX: EDV) 13:10 — 4DMedical (ASX: 4DX) 17:04 — Zip Co (ASX: ZIP) 20:50 — DroneShield (ASX: DRO)