Short selling in the US made a profit

The first winners of the new year were the pessimists who sold stocks short The index, which tracks the most short-positioned stocks with a market value of over $1 billion in the US Russell 3000 index, fell 11 percent this year. The same index closed all but two trading days in 2024 with losses, and fell 1.3 percent on Wednesday. The decline in these stocks means that investors who sold short won. JPMorgan and Goldman Sachs also drew attention to the increasing short positions for stocks. According to JPMorgan Chase, hedge funds increased their short positions in nine of the last 10 trading days of the process ending on Friday. Goldman Director Bobby Molavi also made the assessment, “Hedge funds have started to increase their short positions in individual stocks. This early start is also a sign of richer stock selection.”