CEX NEWS reports that short interest in the Nasdaq 100 ETF QQQ has risen to about 82 million shares, the highest since March 2023. It has increased by 18 million shares, or 28%, in recent weeks and has nearly doubled year to date. Short interest in the S&P 500 ETF SPY has fallen by 30 million shares since March to about 92 million, near a five-year low. During the 2022 bear market, short interest in QQQ and SPY peaked at about 90 million and 180 million shares, respectively.