Several High-Profile Short Bets Finally Pan Out
The big question is whether this is the start of a collapse in the companies’ share prices — or a brief decline before they rise again.
It’s no secret it is tough to short stocks in a bull market. Just ask the long-short managers who have seen their negative bets cut sharply into their strong gains in their long books this year.
However, in the past week or two several of the most popularly shorted stocks or those with the most short interest have fallen sharply in price.