According to eToro’s Australian figures, the top 10 lists for most traded stocks, most shorted stocks and long stocks across the month was dominated by technology, healthcare and a number of familiar household names.
Top 10 most traded stocks
Considering the COVID-19 crisis’s impact on health, it’s not at all unexpected that healthcare would be high up on trade volume.
- XTI Aircraft Company (56,957 trades)
- Ping An Healthcare and Technology (47,672 trades)
- S&P 500 (37,303 trades)
- Germany30 [DAX index] (21,934 trades)
- Bitcoin (18,532 trades)
- DowJones30 (16,874 trades)
- NASDAQ100 (16,398 trades)
- Australian dollar/US dollar (12,992 trades)
- Amazon (12,456 trades)
- Tesla (11,529 trades)
Top 10 shorted stocks
For Australian investors involved in short-selling, eToro revealed that it was surprised that Australian investors expected some of the biggest losses to be in the tech sector.
- Ping An Healthcare and Technology (21,649 trades)
- Tesla (3,487 trades)
- Apple (1,485 trades)
- Facebook (1,438 trades)
- Marathon Oil Company (1,388 trades)
- Zoom (1,238 trades)
- Luckin Coffee (1,167 trades)
- Carnival Corp (1,018 trades)
- Wizz Airlines (1,007 trades)
- Delta Airlines (988 trades)
Top 10 long stocks
Not too dissimilar from the shorted stocks list, Australian investors who bought stocks in April saw the most long-term potential in tech more so than any other industry.
- Ping An Healthcare and Technology (26,023 trades)
- Amazon (12,275 trades)
- Microsoft (9,756 trades)
- Netflix (8,483 trades)
- AMD (8,214 trades)
- Tesla (8,042 trades)
- Google (7,669 trades)
- Apple (6,995 trades)
- Disney (6,740 trades)
- Facebook (5,700 trades)
