📉💼🔍 Short Sellers Rotate Out of Tech Ahead of Trump’s Tariff “Liberation Day” 🔹 Summary: Short sellers diversified away from tech in March, reducing exposure ahead of President Trump’s April 2 tariff escalation, while spotlighting AI-linked stocks like Super Micro Computer. Hazeltree data shows broader sector targeting and early repositioning as bearish bets surged on names like IBM, MicroStrategy, and Gucci-owner Kering. 🔹 Key Points: • Super Micro Computer became the most shorted U.S. large-cap stock with a short score of 99, surpassing Chevron. • Tech shorting narrowed from eight of the top 10 in February to just five in March. • IBM and MicroStrategy saw sharp increases in short interest, with both scoring 93 on Hazeltree’s shorting scale. • Non-tech names like Capital One and Lululemon also entered the top 10 most shorted list. • Europe's most shorted stock was Kering, followed by H&M, while Japan’s Disco led in Asia for the third month. @CMEActiveTrader Tickers Of Interest: $NQ $ES Tickers Of Interest: $SMCI $IBM $MSTR $ON $COF $LULU $KER $HMb $USD $JPY $EUR