BREAKING: Short interest in the Nasdaq 100 ETF, QQQ, is up to 11% of its outstanding shares, the highest since 2023. This figure has surged +5 percentage points since January. By comparison, during the 2022 bear market, this metric peaked at ~14%. Meanwhile, the US technology long-to-short ratio among hedge funds is down to 1.5, the lowest since data began in 2016, according to Goldman Sachs. This metric has declined -0.6 points since June. Are tech stocks setting up for a short squeeze?