Software sector Short interest has jumped almost 300% in the last year and MSFT by +70%
has anyone else noticed the massive jump in short interest across software stocks?
MSFT short interest has increased from 51,170,267 shares a year ago to 88,696,120 shares today, a rise of 37,525,853 shares, or roughly 73%.
What's even crazier the software sector IGV went from12,031,367 to 47,656,578 shares short in the last year almost 300%.
This matters because Microsoft is almost 8% of IGV, in other words Microsoft is one of the largest positions exposed to the software short trade. and is basically collateral damage
[https://www.nasdaq.com/market-activity/stocks/msft/short-interest](https://www.nasdaq.com/market-activity/stocks/msft/short-interest)
[https://fintel.io/ss/us/igv](https://fintel.io/ss/us/igv)
the funny thing it's not even slowing the latest data is showing it increase even faster