E-mini Russell 2000 COT Report — Net Positioning
E-mini Russell 2000 futures · CME · CFTC contract code 239742
Latest positioning
Week ending 8 September 2026 · cut 11,172 on the week · open interest 431,147 (+6,484)
Net speculative position — last 52 weeks
The current reading sits in the 2th percentile of its 3-year range — over the past 3 years, the net position has been lower than it is now 2% of the time. A high reading means the position is crowded by its own historical standards; it is context, not a forecast.
All three cohorts
| Category | Net position | Week change |
|---|---|---|
| Large speculatorsFunds and managed money | -82,835 | -11,172 |
| CommercialsProducers, users and banks hedging physical exposure | +77,130 | +9,029 |
| Small tradersBelow the CFTC reporting threshold | +5,705 | — |
The three cohorts net to zero between them — every long has a short on the other side. Commercials being heavily short is normal for a produced commodity and is not a bearish view; it is a hedge against inventory they already own.
Weekly history
| Week ending | Specs net | Open interest |
|---|---|---|
| 8 Sep 2026 | -82,835 | 431,147 |
| 1 Sep 2026 | -71,663 | 424,663 |
| 25 Aug 2026 | -51,578 | 413,000 |
| 18 Aug 2026 | -42,215 | 424,956 |
| 11 Aug 2026 | -42,304 | 419,222 |
| 4 Aug 2026 | -34,727 | 417,259 |
| 28 Jul 2026 | -16,269 | 417,083 |
| 21 Jul 2026 | -6,959 | 411,524 |
| 14 Jul 2026 | -24,680 | 405,743 |
| 7 Jul 2026 | -31,009 | 406,632 |
| 30 Jun 2026 | -25,568 | 399,628 |
| 23 Jun 2026 | -26,838 | 386,817 |
| 16 Jun 2026 | -20,249 | 492,996 |
| 9 Jun 2026 | -37,966 | 397,144 |
| 2 Jun 2026 | -14,924 | 413,739 |
| 26 May 2026 | -15,929 | 424,698 |
| 19 May 2026 | -21,048 | 421,242 |
| 12 May 2026 | -13,115 | 429,290 |
| 5 May 2026 | -9,149 | 427,367 |
| 28 Apr 2026 | -17,088 | 412,001 |
| 21 Apr 2026 | -15,897 | 411,435 |
| 14 Apr 2026 | -9,334 | 404,501 |
| 7 Apr 2026 | -13,975 | 397,438 |
| 31 Mar 2026 | -17,862 | 399,456 |
| 24 Mar 2026 | -27,290 | 404,533 |
| 17 Mar 2026 | -33,508 | 481,226 |
| 10 Mar 2026 | -27,638 | 402,664 |
| 3 Mar 2026 | -6,822 | 401,236 |
| 24 Feb 2026 | -2,931 | 396,109 |
| 17 Feb 2026 | -7,086 | 392,196 |
| 10 Feb 2026 | +7,061 | 408,094 |
| 3 Feb 2026 | +4,298 | 407,183 |
| 27 Jan 2026 | +12,327 | 416,547 |
| 20 Jan 2026 | +20,563 | 413,471 |
| 13 Jan 2026 | +11,437 | 397,732 |
| 6 Jan 2026 | -2,103 | 394,363 |
| 30 Dec 2025 | -3,631 | 388,787 |
| 23 Dec 2025 | -2,201 | 388,537 |
| 16 Dec 2025 | +10,082 | 503,526 |
| 9 Dec 2025 | -19,317 | 413,907 |
| 2 Dec 2025 | -28,414 | 379,767 |
| 25 Nov 2025 | -37,956 | 366,685 |
| 18 Nov 2025 | -64,741 | 388,785 |
| 10 Nov 2025 | -56,384 | 392,134 |
| 4 Nov 2025 | -58,810 | 394,943 |
| 28 Oct 2025 | -61,209 | 384,572 |
| 21 Oct 2025 | -61,971 | 383,684 |
| 14 Oct 2025 | -51,811 | 381,590 |
| 7 Oct 2025 | -59,505 | 387,003 |
| 30 Sep 2025 | -51,904 | 355,192 |
| 23 Sep 2025 | -51,985 | 369,261 |
| 16 Sep 2025 | -85,834 | 477,326 |
Source: CFTC Commitments of Traders (Legacy, futures only) — a US government work, public domain. Positions are measured Tuesday and published the following Friday at about 15:30 ET, so this report is always at least three days behind the market. Positioning describes how traders are placed; it is not a forecast.