US Commodity Futures Trading Commission data showed net positions in S&P 500 NC moved further into negative territory, falling to -17.2k from -16.8k in the prior reading. The change implies a modest increase in the net short stance over the latest reporting period.
Comparison With Previous Levels
The latest figure compares closely with the previous level, with the 0.4k shift marking a small deterioration in positioning.
Implications For S&P 500 NC
The update leaves S&P 500 NC net positions below zero, reinforcing the existing bearish skew in the series.