NYSE Short Interest Hits Record High

According to the latest data from global fund flow research firm EPFR, as of late September, the number of open short positions on NYSE-listed stocks rose 2.7% year-over-year, surpassing 21 billion shares for the first time in history and setting a record high. While the expansion in short interest reflects growing bearish bets by investors, EPFR views this positively from an inverse investment perspective, as a significant volume of short positions could eventually convert into covering buy orders.