(Bloomberg) — Investors betting against Tesla Inc. are getting the big bonanza they have been waiting for, with the electric-vehicle maker set to record its worst annual performance on record. Short sellers in the company — or bearish investors who stand to gain when an asset’s price falls — are poised to reap mark-to-market profits […]
Read MoreMarket conditions are Mildly bearish in a Bear Market as of 2022-12-15. This means traders and investors should consider trading with a bearish bias by raising stop levels on winners and selling losers. The rank of the Bear Market is -13.55 which indicates the current market conditions are Extreme, Risk of a reversal is high. […]
Read More(Bloomberg) — Bill Ackman’s revelation that he’s betting big on a collapse of Hong Kong’s pegged dollar will come across as contrarian to some in the market and mistimed to others. The city’s multiple interventions to prop up its currency since May have made shorting it unprofitable, sending interbank rates higher than their US equivalents, […]
Read More(Bloomberg) — Short sellers have pounced on crypto-focused equities as the digital-assets space crumbles in the wake of FTX’s public implosion. They’re paying a steep price to place those wagers. Crypto stocks are nearly three times more shorted than the average share, even as short sellers are paying almost eleven times as much in financing […]
Read More(Bloomberg) — One by one, short sellers are being forced to capitulate as market expectations grow for a slower pace of central bank tightening. Whether in stocks or bonds, bearish bets are being dealt a blow as US data begin to reflect the fallout from the Federal Reserve’s aggressive rate hikes. A dovish pivot by […]
Read More(Bloomberg) — One big force at the center of the two-month equity rally is showing signs of fatigue. It’s the behavior of short sellers, whose frantic efforts to unwind bearish wagers created buying that added fuel to the $7 trillion share advance. Evidence is arising now that the process is petering out. Hedge funds that […]
Read More(Bloomberg) — High-profile warnings over a possible US recession has investors bracing for a slowdown. Short interest in the $352 billion SPDR S&P 500 ETF Trust (ticker SPY) as a percentage of shares outstanding is above 7%, close to the highest since March 2020, IHS Markit Ltd. data show. Meanwhile, bets against the $19.5 billion […]
Read More(Bloomberg) — Short sellers were right when they bet against Russia. Whether they’ll collect their winnings of more than $723 million is another matter. That’s how much the shorts stand to make on a basket of Russian stocks listed in the U.S., U.K. and Europe that have plunged since the start of this year, according […]
Read More(Bloomberg) — Short sellers are piling into Beyond Meat Inc., making it the most shorted company in the Russell 1000 Index, as the shares struggle to gain momentum amid growing competition for plant-based meat. Short interest stands at 37% of the company’s freely traded shares, the highest among stocks in the Russell 1000 Index, according […]
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