The firm said 2023 was an “exceedingly difficult year” for short sellers, after the Nasdaq Composite Index (.IXIC) surged 43.4% and the S&P 500 rose 24.2%. Investors who short a stock are betting that its price will fall.
BYD, the world s leading electric vehicle manufacturer, is facing increased short selling as expectations of a sales slowdown and intensifying competition in China’s EV market rise.
Traders with advance knowledge of the Oct. 7 Hamas terrorist attack profited by short-selling a major Israeli exchange-traded fund (ETF) days beforehand, a study shows.
Jim Chanos tore into Elon Musk's supporters in an expletive-laden post on X just days after the Wall Street Journal reported he'd be closing his hedge funds.
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