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Short positions in ASX 300 companies have ballooned. The bets against Australian stocks go beyond the big banks


Hedge funds are betting against Australian stocks at almost three times the levels they were at the height of the COVID-19 pandemic, and this time the shorting activity stretches well beyond the major banks.

It’s an interesting dynamic that reflects a global trend as well as domestic factors such as the regulatory backdrop and large pools of liquidity and capital within the $4.8 trillion superannuation system.

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