Recent reports indicate that Long/Short Hedge Funds have reached their lowest stock positioning since at least 2020, according to Goldman Sachs. The firm's Sentiment Indicator has also dropped to its lowest level in over two years. Goldman Sachs' US equities positioning indicator is now at its lowest since early 2023, a stark contrast to record highs observed a few months prior. Hedge funds have intensified their shorting of US equities, having sold stocks in 10 of the last 11 weeks. This long/short ratio is reportedly below levels seen during the 2020 market crash and is the lowest in at least five years, with some sources suggesting it may be the lowest since 2000.