Short positions in U.S. markets rose this month to their highest level since April 2022 as investors bet that the current rise in stocks will soon stop. The data was released Friday by S3 Partners.
It found that total open positions against the market rose to $1.02 trillion! It's probably no surprise to anyone that these bets are not successful so far. The data from S3 bears this out as they report that investors have lost over $100 billion this way this year.