Short Bets on US Stocks Hit $1 Trillion

by

Short sellers are ramping up bets against US stocks even as paper losses on the positions surpass $100 billion.

Total US short interest, or the amount traders have spent betting against US equities, exceeded $1 trillion this month as the S&P 500 Index extended its advance, S3 Partners LLC data show. The tally reached the highest since April 2022 before retreating slightly with stocks down for a third straight day.

https://www.bloomberg.com/news/articles/2023-06-21/short-bets-on-us-stocks-hit-1-trillion-most-since-april-2022?leadSource=reddit_wall

On one hand, we could have a market crash

On the other, there’s $1 trillion dollars worth of buying back needed to cover short positions.

h/t Lord-Lannister

Uh-oh! It looks like you're using an ad blocker.

Our website relies on ads and the generous support of readers like you to keep delivering free, high-quality content. Right now, we are facing serious funding challenges and we need your help more than ever. Disable your ad blocker and this message will vanish. You can also sign up for a membership to enjoy an ad-free experience while supporting our work: https://citizenwatchreport.com/plans/subscriptions/ Your support helps us stay independent, continue our work, and keep content free for everyone. We truly appreciate your understanding and thank you for standing with us.