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How Hedge Funds’ Short Books Have Fared This Year

Several long-short funds are deep in the red due to their shorts, while others are in the black despite losses.

Shorting in a surging stock market is not exactly a road to riches.Just ask any long-short hedge fund, especially the ones that were caught up early in the year when retail investors jubilantly bid up the stock prices of stocks widely-known to be shorted.But some funds have fared much better

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