The takeaway is clear: While smaller-cap stocks that don’t qualify for index inclusion (grey dots on the left) have a wider spread in their short interest, there appears to be a “floor” of 1% short ...

The fund has returned 9.36 percent over the past year, 16.91 percent over the past three years, 13.82 percent over the past five years, and 10.68 percent over the past decade.