Short Sellers Are Giving Up Amid COVID Bull Market: Bloomberg

It's not just Tesla Inc (NASDAQ: TSLA) skeptics who have been hit hard this year, as Benzinga noted yesterday. Short sellers in general have had such a terrible go of it that many have given up. That's according to a Bloomberg report today: "So harrowing has it been that bears are giving up. At the…

Bloomberg Short Sellers
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a Inc (NASDAQ: TSLA) skeptics who have been hit hard this year, as Benzinga noted yesterday. Short sellers in general have had such a terrible go of it that many have given up.

That's according to a Bloomberg report today: "So harrowing has it been that bears are giving up. At the end of October, the median S P 500 stock had outstanding short interest accounting for just 1.6% of market capitalization, the lowest level since at least 2004, data compiled by Goldman Sachs show."

What Happened: The historic bull run of 2020 has defied headlines that

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Read original at Benzinga | Actionable Trading Ideas, Real-Time News, Financial Insight

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Short Sellers Are Giving Up Amid COVID Bull Market: Bloomberg ... this year, as Benzinga noted yesterday. Short sellers in general have ... up. That's according to a Bloomberg report today: "So harrowing ... month in two decades," Bloomberg reported. "Traders betting on ...
Short Sellers Are Giving Up Amid COVID Bull Market: Bloomberg ... this year, as Benzinga noted yesterday. Short sellers in general have ... up. That's according to a Bloomberg report today: "So harrowing ... month in two decades," Bloomberg reported. "Traders betting on ...

 

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