纳斯达克的空头利息在2025年12月创下历史新高,原因是市场波动和AI估值担忧,增加了挤压风险. Short interest on Nasdaq hit a record high in December 2025, driven by market volatility and AI valuation concerns, raising squeeze risks.

截至2025年12月15日,由于市场波动、政策转变以及对AI驱动的估值的重新评估,Nasdaq的短期利息达到创纪录的18.38亿股,高于先前水平,达到183.8亿股。 As of December 15, 2025, short interest on Nasdaq reached a record 18.38 billion shares, up from earlier levels, driven by market volatility, policy shifts, and a reassessment of AI-driven valuations. 平均"覆盖日"升至2.36, 表示有短时间挤压的可能。 The average "days to cover" rose to 2.36, signaling potential for a short squeeze. 大多数空头集中在纳斯达克全球市场，中小型股如Lucid Group、Avis Budget和Hims & Hers相对于其流通股持有较高的空头头寸。 Most short interest was concentrated in the Nasdaq Global Market, with smaller and mid-cap stocks like Lucid Group, Avis Budget, and Hims & Hers facing high short positions relative to their float. 诸如字母和亚马逊等大型技术公司表现出较稳定的短期兴趣。 Large-cap tech firms such as Alphabet and Amazon showed more stable short interest. 尽管指数几乎达到历史最高点,但选择市场负伽玛的上升可能会增加下行风险。 Despite the index near all-time highs, rising negative gamma in options markets may amplify downside risks.