Short sellers will be 'undone' by bets against TD: Investment strategist - BNN Bloomberg

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 50%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

As short sellers place bets against Toronto-Dominion Bank, one investment strategist said the lender has managed its risks well and Canadian banks have withstood similar short positions in the past.

, an analysis conducted by S3 Partners showed that short sellers have increased their positions against TD Bank in recent weeks.

“I think it's a play on the TD regional bank exposure that they have. But I wouldn't put as much emphasis or fear on TD’s prospects,” Petursson said. Despite the increase in bets against the Toronto-based lender, Petursson said Canadian banks have withstood similar instances in the past.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

$TD needs to immediately disclose the unrealized losses in their 'Held to Maturity' portfolio.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 83. in BE

Belgique Dernières Nouvelles, Belgique Actualités