Short Sellers Target Financials

A surge of $41 billion in short bets pummels the markets.

(Mark Kauzlarich/Bloomberg)

(Mark Kauzlarich/Bloomberg)

Short selling has skyrocketed by some $41 billion since this year’s market peak of February 20, and a lot of it is focused on the financial sector, according to a new report by data and analytics firm S3 Partners.

By March 19, short interest stood at $656 billion, according to the report.

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