Dmytro Kharkov

SLV shorts fall to 37.45 million shares, Peter Spina notes

SLV shorts fall to 37.45 million shares, Peter Spina notes
SLV shorts fall by 18.22 percent

SLV short positions continued to decline according to Peter Spina. He reports that the latest short interest update, based on figures at the close of business on Friday, February 27, showed SLV's short position fell by 18.22% from 45.79 million shares in the prior report to 37.45 million shares.

This reduction highlights a notable shift in positioning among SLV market participants over this period.

These latest developments in SLV short positions follow a period marked by a sharp contraction, as highlighted when the short position previously dropped 38 percent to 45.79 million units. In tandem with reductions in market pressure, recent trends also recall moments of heightened volatility, such as when the silver spot price hit $88.888 amid intensified trading activity.

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