The mark-to-market losses are another blow for contrarians who argued that Nvidias sky-high valuations and speculative fever had all the makings of a market bubble about to pop. The chipmaker is the third-largest US short with $18.3 billion of shares that have been borrowed and sold, according to S3.
The mark-to-market losses are another blow for contrarians who argued that Nvidia’s sky-high valuations and speculative fever had all the makings of a market bubble about to pop. The chipmaker is the third-largest US short with $18.3 billion of shares that have been borrowed and sold, according to S3.
Nvidia’s notional short interest value is more than $9 billion. That makes Nvidia the fourth most-shorted stock in the US, behind only Apple Inc., Tesla Inc. and Microsoft Corp.