Short sellers cut bets against most sectors, raise positions against materials – S&P Global

Short sellers have reduced their bets against most sectors in the market, but have increased their positions against materials, according to S&P Global. This shift in strategy indicates a more bullish outlook on the overall market, with short sellers targeting materials as a potential weak spot. The data from S&P Global shows that short sellers are adjusting their positions in response to changing market conditions, and investors should take note of these shifting trends. The increase in short bets against materials suggests that there may be some underlying concerns in this sector that could lead to potential downside. It will be important to monitor how these trends develop in the coming weeks to see if short sellers’ predictions play out.