• Research

Feb 6, 2017

S3 BLACKLIGHT: Shorts Building Consumer Discretionary and Technology ETF Sector Positions

Along with tearing January’s sheet off our calendars, traders look to reallocate their sector ETF hedges and holdings in the first week of the new month. There were two sector ETF’-s with significant increases in short activity this month, as traders added $1.44 billion of short interest into the Spider Consumer Discretionary ETF (XLY US) and the Spider Technology ETF (XLK US). On the other side of the ledger, traders bought to cover $1.72 billion in two sector ETF’-s, the Spider Consumer Staples ETF (XLP US) and the Spider Energy ETF (XLE US).

It seems that short sellers are looking for stocks to continue their January trends, shorting into the underperforming Consumer Discretionary and Technology sectors, while buying to cover in the rallying Consumer Staples and Energy sectors.

For more information on the above analysis, please contact:
Ihor Dusaniwsky, Head of Research, S3 Partners, LLC     Ihor.Dusaniwsky@S3Partners.net
The information herein (some of which has been obtained from third party sources without verification) is believed by S3 Partners, LLC ('S3 Partners') to be reliable and accurate. Neither S3 Partners nor any of its affiliates makes any representation as to the accuracy or completeness of the information herein or accepts liability arising from its use. Prior to making any decisions based on the information herein, you should determine, without reliance upon S3 Partners, the economic risks and merits, as well as the legal, tax, accounting and investment consequences, of such decision.


To arrange an assessment of  S3 BLACKLIGHT , please click CONTACT or visit  BLT<GO>  on the Bloomberg terminal.

To arrange an assessment of the  S3 BLACKLIGHT APP , please type  APPS BLACK<GO> on the Bloomberg terminal.

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  • Research

Feb 9, 2017

S3 BLACKLIGHT: Shorts Building Consumer Discretionary and Technology ETF Sector Positions

Along with tearing January’s sheet off our calendars, traders look to reallocate their sector ETF hedges and holdings in the first week of the new month. There were two sector ETF’-s with significant increases in short activity this month, as traders added $1.44 billion of short interest into the Spider Consumer Discretionary ETF (XLY US) and the Spider Technology ETF (XLK US). On the other side of the ledger, traders bought to cover $1.72 billion in two sector ETF’-s, the Spider Consumer Staples ETF (XLP US) and the Spider Energy ETF (XLE US).

It seems that short sellers are looking for stocks to continue their January trends, shorting into the underperforming Consumer Discretionary and Technology sectors, while buying to cover in the rallying Consumer Staples and Energy sectors.

For more information on the above analysis, please contact:
Ihor Dusaniwsky, Head of Research, S3 Partners, LLC     Ihor.Dusaniwsky@S3Partners.net

The information herein (some of which has been obtained from third party sources without verification) is believed by S3 Partners, LLC ('S3 Partners') to be reliable and accurate. Neither S3 Partners nor any of its affiliates makes any representation as to the accuracy or completeness of the information herein or accepts liability arising from its use. Prior to making any decisions based on the information herein, you should determine, without reliance upon S3 Partners, the economic risks and merits, as well as the legal, tax, accounting and investment consequences, of such decision.


To arrange an assessment of  S3 BLACKLIGHT , please click CONTACT or visit  BLT<GO>  on the Bloomberg terminal.

To arrange an assessment of the  S3 BLACKLIGHT APP , please type  APPS BLACK<GO> on the Bloomberg terminal.

Our Awards