June Short Interest Shows Slight Increase

Final short interest figures for the month of June were released after the close on Friday, and like a lot of indicators we track, they are stuck in a range as investors look for signs of which direction markets are headed next. The average stock in the S&P 1500 (Large Cap, Mid Cap, and Small Cap Indices) now has 7.3% of its float sold short. This is the third straight increase since Mid-May, although as the chart below highlights, short interest has generally been in a sideways range for the last few months.

Comments

[Sovestor:]

At the current level, this indicator likely can not tell whether the markets will go up or down in the near term or long term.

Jul 13 02:13 PM

[BullnBear:]

The financial led rally today and subsequent "tug up" that we received across the board is a nice short position set up going forward.

Jul 13 11:18 PM