Tadamichi
In the information technology sector, which has the largest weight in the S&P, short bets increased slightly in February compared to January.
The average short interest across S&P 500 information technology stocks in February was 1.35%.
S&P Information technology sector in the 500s (NYSEARCA:XLK) has increased by 9.2% since the beginning of the year. compared The broader S&P 500 index rose 8.5%.
Stocks with the most and least short positions
Ranked by short interest as a percentage of free float
Enphase Energy (NASDAQ:ENPH) is the most shorted IT stock, with 9.07 million shares (6.96% of float) sold short as of February 29th.
First Solar (NASDAQ:FSLR) was the second most shorted information technology stock at 5.85% of its float, trailing only Western Digital (NASDAQ:WDC) 5.75% short interest and Akamai Technologies (Nasdaq: Acam) 5.31%.
Microsoft (NASDAQ:MSFT) was the least shorted stock with 48.24 million shares or 0.66% of its float, followed by Apple (NASDAQ:AAPL) and Motorola Solutions (New York Stock Exchange:MSI) Short interest is 0.72% and 0.74%, respectively.
industry analysis
Average short interest as a percentage of float
IT services is the most heavily shorted industry within the information technology sector, with short interest at 2.08% at the end of February, compared to 2.26% at the end of January.
Semiconductors and semiconductor equipment are the second most shorted industry in the sector, with short interest at 1.88% at the end of February, up from 1.85% at the end of January.
