Yesterday's release of short interest figures for the Nasdaq confirmed the increases we saw last week in the NYSE. Updating our figures for S&P 500 short interest shows that the average stock currently has 5.8% of its free float sold short. While part of the rise can be attributed to hedge funds and the increased popularity of long/short mutual funds, at least some is attributable to negative investor sentiment.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.