Short sellers Down $5.5Bn On US Positions In November
The latest analysis from Ortex Analytics which finds that short sellers have lost $5.5bn on US positions in November so far.Q3 2020 hedge fund letters, conferences and moreBiden victory and prospect of a Covid-19 vaccine sent global stock markets soaring on 9 NovemberAnalysis by Ortex Analytics suggests many short sellers were caught out by the rapid change in investor sentiment; cumulatively US short positions have lost $5.5bn since 1 Nov 2020Travel and tourism companies lead losses, but technology positions return profit as market reflects growing confidence about an end to the pandemicUS Sh...