Short interest in banks and thrift stocks fell in the month ended July 15, as investors turned to the sector as a safe haven in a turbulent market.

Short interest in bank stock on the New York stock exchange fell 2%, while short positions in all stocks on the Big Board fell only 1.6%. Short interest in bank stocks on the Nasdaq fell by 1.6%, while short interest in all stocks trading on Nasdaq, including many hard-hit technology companies, rose 4%.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.