Hedge funds rush to unwind bearish stock positions

Capt. John

Global hedge funds rushed to unwind bets that U.S.-listed stocks will fall, as a persistent rally threatens their performance, JPMorgan Chase JPM.N and Goldman Sachs GS.N told clientsin reports. “For hedge funds, shorts have been a challenge since early June especially,” JPMorgan said, adding the...

https://www.hellenicshippingnews.com/hedge-funds-rush-to-unwind-bearish-stock-positions/

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