No. of Recommendations: 0
Most shorted S&P 500 financial stocks at June-end
Jul. 15, 2024 11:17 AM ETFinancial Select Sector SPDR® Fund ETF (XLF)MA, JPM, SPGI, PGR, FDS, RF, BEN, NTRS, BRK.BBy: Sinchita Mitra, SA News Editor1 Comment
“Average short interest across S&P 500 financial stocks was flat at 1.48% of shares float as of June end, as compared to the prior month.
The S&P 500's financial sector (NYSEARCA:XLF) was up 12.7%, as compared to the broader S&P 500 index's rise of 17.7% since the start of the year.
The largest contributor to the index, Berkshire Hathaway (BRK.B) had a short interest of 0.77% of the total float, while the next biggest contributor, J.P. Morgan's (JPM) short interest, stood at 0.81%.”
