S&P 500 & Nasdaq Analysis and Trends

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Least shorted S&P 500 stocks in May
By: Seeking Alpha | June 18, 2024

Alphabet Class C (GOOG), Mastercard (MA) and Walmart (WMT) retained the top spots as the least shorted S&P 500 (SP500) stocks in May.

As of May 31, 0.30% of Alphabet’s Class C shares were sold short. The American tech company witnessed a decline in short share volume during the month, with traders selling 36.72M shares of GOOG short, a decline of 5.9% from mid-May. Class A shares of Alphabet (GOOGL) had short interest of 0.44% last month.

Mastercard (MA) was next, with 0.48% of MA shares sold short as of May 31. The payment services firm saw a decline in short shares volume in the month, at 3.99M shares compared to the previous total of 4.49M at mid-May.

Walmart (WMT) also saw a decline in short shares volume at the end of May, with 0.50% of its shares sold short. As of May 31st, there was short interest totaling 39.97M shares, a decline of 7.7% from the previous total of 43.29M shares at mid-May.

These were the top 20 least shorted S&P 500 stocks as a percentage of float, as of May:

• Alphabet Inc C (GOOG) - Short interest as a % of float: 0.30%
• Alphabet Inc A (GOOGL) - Short interest as a % of float: 0.44%
• Mastercard (MA) - Short interest as a % of float: 0.48%
• Walmart (WMT) - Short interest as a % of float: 0.50%
• Northern Trust (NTRS) - Short interest as a % of float: 0.62%
• L3Harris Technologies (LHX) - Short interest as a % of float: 0.62%
• S&P Global (SPGI) - Short interest as a % of float: 0.63%
• TE Connectivity (TEL) - Short interest as a % of float: 0.65%
• Fortive (FTV) - Short interest as a % of float: 0.66%
• Coca-Cola (KO) - Short interest as a % of float: 0.69%
• Union Pacific (UNP) - Short interest as a % of float: 0.70%
• Amazon.com (AMZN) - Short interest as a % of float: 0.71%
• Eli Lilly & Co (LLY) - Short interest as a % of float: 0.72%
• Norfolk Southern Corp (NSC) - Short interest as a % of float: 0.72%
• General Dynamics (GD) - Short interest as a % of float: 0.72%
• JPMorgan Chase & Co (JPM) - Short interest as a % of float: 0.73%
• Chubb (CB) - Short interest as a % of float: 0.74%
• Trimble (TRMB) - Short interest as a % of float: 0.74%

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