Market Analysis by covering: Kraft Heinz Co, SPDR® S&P 500® ETF Trust, S&P 500, International Business Machines. Read 's Market Analysis on Investing.com
Bitcoin price today: hovers around $115k amid rate cut bets, but caution remainsThe August edition of the Hazeltree Shortside Crowdedness Report lists the SPDR S&P 500 ETF as the second most shorted security in the U.
S. among hedge funds and alternative asset managers. It is not the first time an S&P 500 ETF has been on the list of the 10 most shorted U.S. stocks, in fact, the SPDR S&P 500 ETF appeared on the list in both April and May. April was the month that the tariffs were introduced and the stock market tanked, initially, then bounced back and surged 6% higher in May after tariffs were paused.In August, a month where the S&P 500 hit an all-time high, more hedge fund managers were shorting the S&P 500 via the SPY ETF than they were in April or May. The SPY was the second most shorted stock with a crowdedness score of 90 on a scale of 1-99. The score represents securities that are being shorted by the highest percentage of funds in Hazeltree’s universe of more than 15,000 securities and 500 hedge funds. “With U.S. tariffs taking effect in August, we anticipated an uptick in global short selling and observed pronounced interest across consumer/luxury, transport, health care, and tech/semiconductors,” Tim Smith, managing director, data insights, at Hazeltree, said. “In the Americas, we also saw the re-emergence of the SPDR S&P 500 ETF among the top 10 shorted names during an up month for the S&P 500, along with increased short interest in Kraft Heinz ahead of the September corporate business split headlines.”With markets skyrocketing since the April crash to all-time highs, many investors have expressed concerns about the high valuations of stocks and are warning about a bubble created by AI stocks. The movements of hedge fund managers tracked by Hazeltree could be in response to short-term concerns about the overall high valuation of the S&P 500. Currently the P/E ratio of the S&P 500 is 30, which is above average. The inflation-adjusted Shiller P/E ratio is 39, which is the highest since 2021.Among midcap stocks, Hims & Hers Health was the most shorted stock with a score of 99. Winsgtop was next with a score of 90. In the small-cap category, Amphastar Pharmaceuticals was the most shorted security with a score of 99. PAR Technology and Allegiant Travel were next with scores of 94.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes.and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
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