The S&P 500 technology sector (XLK) advanced 25.24% in the past year, far outpacing the broader markets, which rose 16.72%. In December, XLK moved 0.56% in the upward direction.
Within the tech sector (excluding application software firms), Applied Digital (APLD) was the most shorted stock in December, while NTT DATA (NTDTY) was the least shorted stock.
Stocks with the largest and least short positions
Ranked by short interest as a percentage of shares out
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Applied Digital (APLD), BigBear.ai Holdings (BBAI) and Enphase Energy (ENPH) were the three most shorted stocks in December with short interest of 27.27%, 24.61% and 24.27%, respectively.
Following them were Navitas Semiconductor (NVTS) with a short interest of 22.43% and IonQ (IONQ) at 22.07%.
Microsoft (MSFT) was the second least shorted stock after NTT DATA Group (NTDTY) with an SI of 0.00%. Short interest in the tech giant was 0.71%. Apple (AAPL) was also among the least shorted stocks with an SI of 0.77%.