Among the Magnificent 7 Battleground Stocks, GOOG, AVGO, and META surged more than 10% in the past 3 weeks, while others lagged.

GOOG shows the largest increase in short interest numbers data, reflecting reversal and hedging activity.

Short interest analytics reveal a strong relationship between returns and rising short interest % of float.

Following NVDA’s pullback, a recalculation of the Magnificent 7 shows that over the past 3 weeks Google, Broadcom, and Meta have each advanced more than 10%, marking them as the strongest performers.

Scatter analysis of short interest data shows investors are shorting the stocks that are up. This is a reversal strategy or hedging strategy.

GOOG is the most interesting case, with both stock price and short interest rising together the most.

Historical short interest data confirms a positive correlation between returns and short interest changes for Alphabet historically.

GOOG has recently taken on the mantle of market leader, central to hedge fund positioning data and crowded shorts analysis. This previously was NVDAs role.

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