Search
SanDisk's Rally Has Caused Short Sellers to Lose $3 Billion
10 hour ago /
Read about 0 minute
Author：小编
Since early November last year, short sellers betting against the storage sector's high-flying stock SanDisk have increased their positions against the trend, with the proportion of shorted shares rising from approximately 4% to around 7.5%. The market value-based short positions have incurred losses of about $3 billion, sharply elevating the risk of a short squeeze. Year-to-date, SanDisk has accumulated a total increase of 112%, ranking first among the components of the S&P 500.
-
C114 Communication Network -
Communication Home
7 X 24 Track global technological trends
