Sydney, June 29, 2026, 05:05 AEST
- CAR Group closed at A$24.50 on June 26, sliding 5.22% for the day and off 11.65% in the last five sessions.
- CAR’s short interest stood at 12.20% as of the update on Sunday, ranking seventh on the ASX, according to .
- The S&P/ASX 200 closed up on Friday. Index dropped 0.73% for the week.
CAR Group Limited ASX:CAR starts Monday’s ASX pre-open with the biggest short interest among online marketplace stocks in the table below and also the sharpest five-day drop. The ASX cash market’s regular session kicks off just before 1000 Sydney time; at the cut-off, Friday’s close was the last listed price.
CAR dropped 5.22% to A$24.50 on June 26, taking its five-day slide to 11.65%. The S&P/ASX 200 (INDEXASX:XJO) edged up 0.18% Friday to 8,764.2, but still finished the week 0.73% lower.
Short interest numbers sharpen the edge on the CAR selloff. ShortInterest.au’s list, last updated June 28 with ASIC short data through June 22, shows CAR at 12.20% shorted, up 0.23 points in a week and up 0.68 over 30 days. That puts CAR seventh among ASX names.
The lag works both ways. ASIC’s overall short-position data comes from what short sellers file, and it’s only as good as those filings. The 12.20% figure is from before Friday’s 5.22% drop, so what happens on Monday could show if shorts pushed harder or covered positions after the fall.
| Asset | June 26 close | Friday move | 5-day/week move | Latest stated short interest |
|---|---|---|---|---|
| CAR Group Limited ASX:CAR | A$24.50 | fell 5.22% | dropped 11.65% in the week | short interest is 12.20% |
| REA Group Limited ASX:REA | A$133.54 | slipped 0.25% | lost 4.67% over the week | 3.76% shorted |
| SEEK Limited (ASX:SEK) | A$12.61 | edged down 0.16% | off 7.48% for the week | 1.65% short position |
| S&P/ASX 200 (INDEXASX:XJO) | 8,764.2 | rose 0.18% | down 0.73% for the week | not available |
The gap is notable as CAR’s own last outlook projected growth. Back in February, management stuck to its FY26 guidance for proforma revenue up 12%-14% and proforma EBITDA rising 10%-13% on a constant currency basis.
Managing Director and CEO William Elliott said CAR turned in a “strong first half”. He called AI a “critical enabler” for the group and said its CG/lab hub in Brazil was built to develop core agentic tech.
CAR posted H1 proforma revenue of A$626 million, a 13% gain in constant currency. Proforma EBITDA came in at A$339 million, up 12%. Reported net profit after tax climbed 16% to A$143 million.
Payments could draw more focus ahead of the annual result. CAR said its carsales payments product has handled over A$268 million in vehicle transactions since it launched less than 18 months ago. Elliott called the group’s data “unique” and said it has a “structural competitive advantage.”
CAR is sitting 41.13% under its 12-month peak at A$41.62 and still trades 11.16% above its 52-week bottom at A$22.04, according to Intelligent Investor. Bears have some room, but the stock could react fast to a shift in bids this week. CAR will put out its preliminary and annual reports on Aug. 10.
