Reported 2 days ago
Short sellers betting against stocks have suffered $73 billion in losses in the US and Canadian markets due to a strong market rally at the beginning of 2025. With major indices like the S&P 500 rising approximately 4% and specific companies like Super Micro Computer skyrocketing over 110%, many short sellers have been forced to cover their positions, exacerbating their losses. This trend highlights the significant impact of short squeezes, a phenomenon where increasing stock prices compel short sellers to buy shares, further driving prices higher.
Source: YAHOO