Stock Groups

Short sellers up about $114 billion in 2022 amid U.S. market slide- S3 Partners -Breaking

by Mike Robinson

[ad_1]

© Reuters. FILE PHOTO: This is a specialist trader working inside a New York Stock Exchange booth (NYSE) in New York City. It was January 18, 2022. REUTERS/Brendan McDermid/File Photo

NEW YORK, (Reuters) – Short sellers have risen to $114 billion so far in 2022, an 11.6% rise, amid the slide in the U.S. stock markets to begin the year. According to S3 Partners, financial analytics firm S3 Partners, this is a result of the U.S. stock exchange’s decline to start the year.

S3 reports that 79% of short-term money has produced profitable returns in January.

The biggest industry gain, which was a 19.2% return in shorts, resulted from declines in stock of software and service stocks according to S3.

Short sellers’ profitable start to 2019 marks a change from 2021, which saw the benchmark rise nearly 27%. According to S3, the largest losses suffered by short sellers in last year’s industry were in energy and semiconductors, which accounted for $150.5 billion.

This year, though, the S&P 500 is down 7.5%. Stocks endured a roller-coaster session on Monday, with the S&P 500 ending up about 0.3% after falling as much as 4% during the day.

Disclaimer: Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media does not accept any liability for trade losses that you may incur due to the use of these data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.

[ad_2]