Short sellers have slowly fought their way back from the bloodbath of 2021. Goldman Sachs strategist Matthew Ross says these 15 stocks could be the next targets.
The equity market melt-up sweeping the globe shows no signs of slowing.
The ASX 200 ground its way to a record on Wednesday on the hopes that China and the United States have agreed to agree on possible agreement to maintain their tariff war pause; we know precious little about the two days of trade talks held in London, but bullish investors are more than happy to fill in the blanks and assume no news is good news.
A staggering 84 per cent of the markets in the MSCI World Index are trading above their 50-day and 200-day moving averages, in a sign of just how bullish equity investors have become. And yet, a telling rise in the level of short interest in the market – these are investors betting stocks will go down – suggests there are still a few bears left standing.
Source: https://www.afr.com/chanticleer/short-sellers-make-unlikely-comeback-as-asx-hits-fresh-records-20250611-p5m6ns