The long / short report February 2024

DOWNLOAD FULL REPORT HERE

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

Highlights from February's report include:

Across global equities, the largest increases in short interest were seen across the consumer staples (+8bps), capital goods (+8bps), telecoms (+6bps), and healthcare (+6bps) sectors.

Across USA equities, average short interest declined to 85bps over the month. Short interest fell across the vast majority of sectors with increases only seen across automobiles and components (+4bps), capital goods (+4bps), and telecoms (+3bps).

Average short interest across APAC equities stood at 66bps throughout the month. The largest moves in short interest were seen across the commercial and professional services (+14bps), semiconductor and semiconductor equipment sector (+9bps), real estate management and development (+7bps), and financial services (+3bps) sectors.

Across EMEA, short interest remained muted. The most shorted sector continued to be real estate and property management.

Short interest decreased by 25bps across the government bond markets, and increased by 39bps across corporate bonds.

Please download the full report by clicking on the button above to read further details.

S&P Global provides industry-leading data, software and technology platforms and managed services to tackle some of the most difficult challenges in financial markets. We help our customers better understand complicated markets, reduce risk, operate more efficiently and comply with financial regulation.

This article was published by S&P Global Market Intelligence and not by S&P Global Ratings, which is a separately managed division of S&P Global.