ETF shorts are up +24% over the last month
ETF shorts are up +24% over the last month, the fastest pace of shorting since the Feb ‘21 Meme Stock frenzy.
Today’s CPI gap up is looking like the start of a larger short squeeze.
$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $iShares Russell 2000 ETF(IWM)$
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Small Cap positioning among Fund Managers is currently at historic lows.
Everyone is crowded into the Mega Caps.
$E-mini Russell 2000 - main 2503(RTYmain)$ $iShares Russell 2000 Growth ETF(IWO)$ $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $iShares Russell 2000 ETF(IWM)$
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