Quarterly Outlook
Q4 Outlook for Investors: Diversify like it’s 2025 – don’t fall for déjà vu
Jacob Falkencrone
Global Head of Investment Strategy
Investor Content Strategist
Find out which stocks and equity ETFs are the most shorted by Saxo clients globally right now
Short selling is a strategy that flips the usual idea of investing. Instead of buying a stock and hoping it goes up, short sellers borrow shares, sell them, and hope the price drops.
Usually, this strategy is executed through leveraged products like Contracts for Difference (CFDs). CFDs allow traders to speculate on price movements without owning the underlying shares.
Check the table to find out what are the most shorted shares by the % of all open positions that are short on the Saxo platform.
Most Shorted Stocks and ETFs | Short % |
Monster Beverage Corp. | 70% |
Apollo Global Management Inc. | 67% |
General Motors Co. | 56% |
Tesla Inc. | 50% |
Oklo Inc. | 48% |
American Express Co. | 44% |
KKR & Co Inc. Ord | 42% |
Robinhood Markets Inc. | 40% |
Siemens Energy AG | 39% |
Bloom Energy Corp. | 38% |
Wells Fargo & Co. | 38% |
Invesco QQQ Trust, Series 1 ETF | 38% |
Palantir Technologies Inc. | 37% |
Kering SA | 36% |
IonQ Inc. | 35% |
BlackRock Inc. | 35% |
Walmart Inc. | 33% |
GE Aerospace | 33% |
Micron Technology Inc. | 32% |
Goldman Sachs Group Inc. | 29% |
Roblox Corporation | 29% |
VanEck Vectors Semiconductor ETF | 27% |
iShares Russell 2000 ETF | 26% |
AST SpaceMobile Inc. | 26% |
Western Digital Corp. | 26% |
Broadcom Inc. | 23% |
SPDR S&P 500 ETF Trust | 23% |
Costco Wholesale Corp. | 21% |
CrowdStrike Holdings Inc. | 21% |
Spotify Technology SA | 21% |
Plug Power | 20% |
IBM Corp. | 20% |
NVIDIA Corp. | 20% |
IREN Ltd. | 19% |
Netflix Inc. | 19% |
Oracle Corp. | 19% |
Nuscale Power Corp. | 19% |
Boeing Co. | 18% |
Intel Corp. | 17% |
Advanced Micro Devices Inc. | 16% |
Apple Inc. | 16% |
Stellantis N.V. | 15% |
GE Vernova LLC | 15% |
Alphabet Inc. Class C | 14% |
Meta Platforms Inc. | 14% |
Alphabet Inc. Class A | 14% |
LVMH Moet Hennessy Louis Vuitton | 14% |
AppLovin Corp | 12% |
UBS Group AG | 12% |
(data collected 23 October, CFD trades only, minimum number of open positions required)