Short Interest as a % of Market Cap The short interest as a percentage of cap of the S&P 500 is low and sinking, which makes sense given the huge rally. Still, the steady decline in short interest speaks to the developing sentiment imbalance developing. Apple up 120% since March lows. A surprisingly high 1.1M people filed for unemployment last week. The week before, jobless claims dropped to below 1M. Stocks ticked up despite the bummer. The value of the dollar has fallen ...