Edit: Shrink Selection

edit.shrinkSelection

Shrink the selection back to the previous expand range.

How to run it

Open the command palette (M-x in the Emacs keymap) and search for Edit: Shrink Selection, then press Enter. It also has a default keybinding:

CUA M-S-left
Sublime Text M-S-left
VS Code M-S-left
IntelliJ IDEA C-S-w

See also