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Long-Short Managers Suffer Big Losses in Retail Rally
Long-short funds betting against the brick and mortar retailers suffered whiplash November 29, as some of the most heavily shorted stocks in the sector jumped in price.
Many of the long-short managers celebrating the huge success of Cyber Monday may now be suffering from whiplash Wednesday. The long-short funds betting against the brick and mortar retailers saw some of the most heavily shorted stocks in the sector post some of the biggest gains on November 29. Shares
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