From Data Explorers – a chart showing short interest in the SPDR S&P 500 ETF vs its price per share.

The amount of the fund’s shares on loan,  a useful proxy for wider US short interest, has increased by 24 per cent since September 7th.

Shorting this rally is a dangerous game, and luckless bears could require a visit to here, or even here.
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Related links:
Bonfire of the bears – Yell edition  – FT Alphaville
VW investors forget the pain of burnt fingers – FT Alphaville

This entry was posted by Miles Johnson on Monday, September 14th, 2009 at 13:49 and is filed under Capital markets. Tagged with Burnt fingers, Dataexplorers, s&p 500, short selling. Edit this entry.