On March 27th, the trading volume for long and short positions was roughly the same, around 0.9. Specifically, the number of accounts holding short positions was about 2.4 times the number of accounts holding long positions. In other words, the trading volume was similar, but there were more accounts opening long positions, so the volume per account was relatively small. The accounts with many traders and smaller volumes are retail investors, and these retail investors are mostly long. In real-time, most retail investors won't make money; the big players and institutional investors are the ones profiting. These big players are mostly short. Dancing with the market, shorting at the highs is currently a profitable strategy. If you understand, follow, like, and share.