After a temporary drop in the second half of March, short interest is back on the rise.
The NYSE recently reported that in the first half of April short interest rose to 13.36 billion shares from 13.23 billion on March 28, a one percent increase.
Likewise, NASDAQ also showed an increase of 1.4 percent in short interest during the same period.
According to data from FactSet, more than 58 percent of S&P 500 companies saw a spike in short interest in the first two weeks of April.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.
Mingze Wu
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