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Today: June 16, 2024
February 3, 2024
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Apple leads S&P 500 tech stocks – least shorted in January.

TLDR:
– Average short interest across S&P 500 information technology stocks was 1.35% in mid-January.
– Apple is the least shorted stock in the S&P 500 information technology sector.

The information technology sector, which holds the highest weightage on the S&P, saw a marginal decrease in short bets during mid-January. Average short interest across S&P 500 information technology stocks was 1.35% in mid-January. The S&P 500’s information technology sector is up 4% year-to-date, compared to the 2.9% gain of the broader S&P 500. In terms of industry analysis, IT services continues to be the most shorted industry within the information technology sector, followed by semiconductors and semiconductor equipment. Enphase Energy was the most shorted information technology stock, while Apple was the least shorted stock.

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