Goldman Sachs, Bank of America, and Johnson & Johnson post first-quarter earnings that beat estimates. Read More...
Reuters
Solid first-quarter stock performance fueled 8.7% short interest jump -S3
The solid first-quarter stock market performance helped prompt an 8.7% rise in short interest in U.S. and Canadian equities markets, according to a note from S3 Partners Research released on Friday. Short interest in U.S. and Canada markets increased by $77.9 billion, or 8.7%, to $977 billion in the first quarter of 2023, S3 Partners data showed. Technology, consumer discretionary and industrials reported the largest quarterly increases in short exposure, while short positions in energy and utilities fell the most, wrote Ihor Dusaniwsky, managing director of Predictive Analytics at S3.
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