With both the S&P 500 and Nasdaq up 1.2% this week short sellers were busy trimming their short exposure to the market. We saw just over 95 million short shares covered this week, worth just over $7 billion.
The domestic equities with the largest dollar amount of short selling were:
The domestic equities with the largest dollar amount of short covering were:
With the markets up for the week, equity short sellers did not fare well losing -$9.74 billion in mark-to-market losses on an average total short interest of $820.4 billion, -1.19%.
The most profitable shorts for the week were:
The least profitable shorts for the week were:
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Managing Director Predictive Analytics, S3 Partners, LLC
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