Incredible that short interest is significantly lower than previous highs in Dec 2021 and Feb 2020, which means the market is more bullish now than it was back then
‼️Short-sellers are CAPITULATING:
Short interest on the S&P 500 ETF, $SPY, has declined to the lowest on RECORD.
As a % of shares outstanding short interest has dropped to ~8%, one of the lowest readings in over a decade.
This comes at a time when almost everybody is long.