Short bets against US stocks have fallen to the lowest level since records began as the market's seemingly endless rally continues

Stock MarketREUTERS

  • Short-seller interest has fallen to more than a 10-year low, the Financial Times reported, citing Goldman Sachs' data.
  • Short-interest as a proportion of market capitalization for median stock in the S&P 500 hit 1.8% at the start of the year compared to an average of 2.4% for the last 15 years. 
  • Short positions recorded gains of $375 billion between February and March when markets tanked. 
  • But mark-to-market losses on short positions hit $383.5 billion since March lows according to S3 partners. 
  • Visit Business Insider's homepage for more stories.

Short-selling in US stocks has hit the lowest level since records began, as the market's near-constant upward trajectory in recent months pushes investors away from betting on stocks falling. 

This is according to data from Goldman Sachs cited by the Financial Times on Sunday. Short-interest as a proportion of market capitalisation for median stock in the S&P 500 hit 1.8% at the start of August, the FT said.

See the rest of the story at Business Insider

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