Fundamental Short Selling Research

Eric Fernandez, CFA

TwoRiversAnalytics

Cross Asset Strategy

Multiple Countries / Cross Asset Strategy

<ul>
<li>The market value of short interest decreased by -6.0% ($-45.5) billion over the past 30 days. Net new active shorting decreased by $14.3 bn. </li>
<li>The strongest short activity was seen in Semis, Telecom Equipment and Home Improvement. The most short covering was seen in Packaged Software, Autos and Banks. </li>
<li>Consumer Durables, Non-Energy Minerals and Distribution Services have the highest short interest to shares outstanding.</li>
</ul>


The market value of short interest decreased by -6.0% ($-45.5) billion over the past 30 days. Net new active shorting decreased by $14.3 bn. 
The strongest short activity was seen in Semis, Telecom Equipment and Home Improvement. The most short covering was seen in Packaged Software, Autos and Banks. 
Consumer Durables, Non-Energy Minerals and Distribution Services have the highest short interest to shares outstanding.


Shorts Update: The Strongest Short Activity Seen in Semis, Telecom Equipment and Home Improvement.