Ranked by short interest as a percentage of shares float
Enphase Energy (ENPH) was the most shorted information technology stock, with 15.4M shares sold short as of July 31, or 11.8% of the shares float.
Broadcom (AVGO) was the second-most shorted information technology stock at 10.94% shares float, followed by Super Micro Computer (SMCI) with short interest of 9.67% and On Semiconductor (ON) with 5.83%.
Arista Networks (ANET) is the least shorted stock with 2.1M shares sold short of 0.67% of the shares float, followed by Apple (AAPL) with 0.77% and Microsoft (MSFT) with 0.79%.
Industry Analysis
Average short interest as a percentage of floating shares
Electronic Manufacturing Services, consisting of only Jabil (JBL), was the most shorted industry within the information technology sector with 4.15% short interest in July, down from 5.07% in June.
IT Services was the second most shorted industry with 2.09% short interest as of July 31, compared to 2.29% at the end of June 30.
Technology Hardware, Storage & Peripherals was the least shorted industry in the sector with 1.14% short interest as of July 31.