S&P 500 Short Interest

S&P 500 Short Interest The low average short interest level of the S&P 500 indicates that market participants are generally optimistic or not strongly bearish about the future performance of the S&P 500. Image: J.P. Morgan

Median S&P 500 Stock Short Interest as % of Market Capitalization

Median S&P 500 Stock Short Interest as % of Market Capitalization The elevated median short interest in the S&P 500 for 2025 suggests that investors are more cautious, but it does not yet signal widespread bearishness or panic. Image: Goldman Sachs Global Investment Research

Short Interest as % of Market Capitalization S&P 500 Median

Short Interest as % of Market Capitalization S&P 500 Median Median short interest in the S&P 500 has dropped to 1.8%, a relatively low figure indicating that market participants are generally optimistic or, at least, not notably bearish about the index’s future performance. Image: Goldman Sachs Global Investment Research

S&P 500 – Short Interest on the SPY and QQQ U.S. ETFs

S&P 500 – Short Interest on the SPY and QQQ U.S. ETFs Low short interest in the SPY and QQQ U.S. ETFs suggests little speculation on price declines, which affects market dynamics by lowering the potential for a short squeeze. Image: J.P. Morgan

Truck Tonnage vs. S&P 500 Index

Truck Tonnage vs. S&P 500 Index The Truck Tonnage Index decreased by 0.1% in May. Trucks represent 72.7% of U.S. freight and serve as a barometer of the U.S. economy. This chart shows that, historically, the U.S. stock market tends to increase in line with the physical size and expansion of the U.S. economy (R²…

S&P 500 Net Non-Commercial Futures % Open Interest

S&P 500 Net Non-Commercial Futures % Open Interest Large speculators’ bearish positioning in the S&P 500 aligns with historical patterns seen near market lows, supporting the contrarian view that a rally is more likely if shorts are forced to cover. Image: Fundstrat Global Advisors, LLC