The long / short report June 2026

The long / short report provides a geographic analysis of the long/short market by sector, using S&P Global Market Intelligence's securities finance short interest data.

Highlights from the June report include:

Global Equities

Commercial and Professional Services remained the most shorted sector across global equities during the month.   The majority of sectors experienced increases in short interest with the largest growth seen across the Consumer Services (+15bps), Utilities (+12bps), Healthcare (+9bps) and Insurance (+8bps) sectors.  The largest decreases were seen across the Telecommunications (-12bps) and Transport (-2bps) sectors.

US Equities

The average short interest across US equities climbed to 94bps during the month with Utilities becoming the most shorted sector.  Large increases in short interest were seen across Consumer Services (+28bps), Utilities (+25bps) and Real Estate (+17bps), whilst the only decrease was seen across the Telecommunications sector (-4bps).

APAC Equities

The average short interest across APAC equities increased to 76 basis points over the month.  A large increase in short interest of +74bps was seen across Household and Personal Products with Utilities (+20bps), Automobiles (+12bps) and Capital Goods (+12bps) also experiencing increases in activity.  The largest declines in short interest were seen across Commercial and Professional Services (-19bps) and Transport (-18bps).

 EMEA Equities

Average short interest across EMEA equities decreased to 17basis points during the month.  The largest increases were seen in Insurance (+8bps) and Household and Personal Products (+4bps).  Small decreases were observed in Commercial and Professional Services (-8bps), Telecommunications (-6bps) and a number of other sectors.

 Fixed Income

Utilization increased by 68bps across the government bond markets and by 5bps across corporate bonds.

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