Nasdaq 100 ETF Short Interest Hits Highest Level Since March 2023

Short interest in the Nasdaq 100 ETF, QQQ, has climbed to approximately 82 million shares. This figure represents the highest volume of bearish positioning against the fund since March 2023.

The total number of shares sold short has increased by 18 million over the past several weeks, a rise of 28%. Since the start of the year, short interest in the QQQ has nearly doubled in size.