S&P Global Market Intelligence released its monthly geographic analysis of the long/short market by sector using its securities finance short interest data.
Global equities short interest decreased by 20bps over the month. REITs, financial services and commercial services were the most shorted sectors.
Across North American equities, short interest decreased by 8bps over the month. The largest increase in short interest was seen across the financial services sector.
Short interest across equities in the Asia-Pacific (APAC) region decreased by 23bps during the month. Short interest increased across the materials, household and personal products and the consumer staples sectors.
Across Europe, Middle East and Africa (EMEA), short interest decreased by 66bps. Average short interest stood at 21bps and the most shorted sector was real estate and property management. Short interest decreased by 23bps across the government bond markets and declined by 5bps across corporate bonds.
