Short interest dynamics between NYSE and Nasdaq, and in SMH and IBB

posted in: Equities | 0

NYSE short interest rises to match mid-Oct highs, diverges from Nasdaq Within Nasdaq, shorts aggressive in pure tech, but less so in biotech Relatively low short interest on IBB probably does not help longs It is getting a little difficult … Continued

Short interest fuel aplenty, can bulls exploit?

posted in: Equities | 0

Bulls have consistently climbed wall of worry, that is, elevated short interest Past 3 months, Naz/NYSE short interest sideways, shorts giving up? Hedgopia Risk Reward Index pokes head out of reward zone Post-FOMC, Wednesday sure felt like a session in … Continued

Oct 15th trough in stocks forces short-covering, can bulls squeeze some more?

posted in: Equities | 0

October 15th bottom in stocks forces shorts to cover in many sectors IWM expends lots of short-covering fuel to approach crucial resistance Nasdaq, NYSE short interest at multi-year highs, can bulls force squeeze? Since stocks bottomed on October 15th, naysayers … Continued

Odds of short squeeze next to nothing in foreseeable future

posted in: Credit, Economy, Equities | 0

NYSE Composite short interest in the middle of August was essentially unchanged month-over-month at 14.8bn, while the Nasdaq Composite saw a 2.4-percent decrease at 8.6bn.  The adjacent chart and the one below show how short interest has been building up … Continued