The Strunk Short Index is a financial index compiled of the monthly performance of 10-25 short only money managers dating back to 1985.  A short only money manager is one who selects and sells short stocks or indices anticipating and profiting from downward price movements.

The Strunk Short Index provides a benchmark index by which to measure short selling performance.  It fills a void left by the failure of most national consulting firms to adequately follow or develop monitoring and measurement of short selling strategies.  The index provides a relative comparison of investors, pension funds, “dedicated” short selling money managers and hedge fund managers.

Taken a step further, the short index provides a measurement with which correlation characteristics such as alpha, beta and standard deviation can begin to be developed for individual short selling managers.