Short selling spikes in March as coronavirus crisis deepens
Up 40% year on year
"On a daily basis, there is an update of the human tragedy of this virus, and understandably this has spooked investors, including the more sophisticated ones who look to hedge risk by shorting stocks." - Will Rhind, founder and CEO at GraniteShares
Shorting of UK stocks rocketed in March as the global coronavirus pandemic caused widespread market uncertainty, according to analysis.
ETF provider GraniteShares looked at official Financial Conduct Authority (FCA) figures and found the number of short positions reported to the regulator in January and February was down 12% year on year....
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