Short bets against US stocks have fallen to the lowest level since records began as the market's seemingly endless rally continues | Markets Insider

Short-interest by comparison was 2% at the start of the year, and has averaged roughly 2.4% over the past 15 years.

The US banking giant began tracking short-interest in 2004, and the figures are lowest since it began records, the FT said. The S&P 500 hit a low of 2237.40 in March when coronavirus lockdowns began to kick in in the Western world. But the index soared in value in recent months. TheCentral banks rolled out generous stimulus relief packages worth trillions of dollars and investors are betting that a coronavirus vaccine will arrive soon, both of which have boosted stocks.

Short positions increased by about $375 billion between February and March, according to S3 Partners. Stocks with the most amount of short-interest have performed better than the ones with the least amount of interest, the FT said, citing data from IHS Markit.

Stock market only goes up. So easy to make money. federalreserve keep those printers going!!!

The overconfidence phase

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

GSX Techedu stock price: Short-seller Left bets against Chinese firm - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. He’s been trying to drum up shorts on GSX for a while.
Source: BusinessInsider - 🏆 729. / 51 Read more »