From the the Financial Times (gated, but can be read with a free registration) : Short selling drops to lowest level since Lehman
- The percentage of stocks that have been borrowed by short sellers has dropped to the lowest level in the US, UK and the rest of Europe since the years before the collapse of Lehman Brothers
- This is according to data compiled for the Financial Times by Markit
- Short interest in the US S&P 500 index is around 2% of total shares in the index, close to the lowest level since Markit began collecting the data in 2006
More detail at the article.
Earlier today we got a good beat from Alcoa, which supported their share price in the after hours. With short-selling interest so low, goodness help those companies that miss estimates …
