For weeks, Bell Potter Securities’ Richard Coppleson has warned readers of his popular after-market newsletter that all the ingredients were laid out for “the mother of all short squeezes” on Wall Street.
Hedge funds were sitting on their largest short book – the number of stocks out on loan expected to sell off – since the last bear market in 2022.
Source: https://www.afr.com/markets/equity-markets/stocks-are-surging-in-early-signs-of-massive-short-squeeze-20260401-p5zkiu