What is Blank Sale on the PSX?
A blank sale is Pakistan's regulatory term for a short sale — selling shares or futures contracts without owning them, intending to buy back cheaper. PSX publishes a daily blank sale report for the Deliverable Futures market showing short volume per contract against open interest and free float.
How it works
On the PSX, outright short selling in the ready (cash) market is tightly restricted, so most shorting happens in Deliverable Futures Contracts (DFC). The daily DFC blank sale report lists each contract's blank-sale volume and value, and expresses it as a percentage of open interest and of the company's free float.
Rising blank sale concentration marks stocks the market is betting against — but it also builds fuel for short squeezes: every blank sale must eventually be bought back, and a rally can force that buying all at once.
See the live data → Leverage & Short Pressure dashboard
Common questions
Is short selling allowed on the Pakistan Stock Exchange?
Yes, within rules. Regular short selling is permitted mainly through deliverable futures and, in the ready market, under specific regulations (including uptick-style constraints and eligible-security lists). The blank sale report makes futures shorting publicly visible daily.
How can I see which PSX stocks are being shorted?
PSX publishes the DFC blank sale report every trading day, showing blank-sale volume per futures contract as a share of open interest and free float.