Hedge funds are betting against these stocks the most in this sell-off

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These stocks made the cut for high short interest from the end of August through the middle of September.

Some stocks are sticking out more than others amid a broader market sell-off. Wall Street has felt pressure from the prospect of higher-for-longer interest rates, which has dampened equities in recent weeks and weakened major indexes. September has been a weak month for the S & P 500, Dow Jones Industrial Average and the tech-heavy Nasdaq Composite, with all three on pace to shed 5.2%, 3.4% and 6.7%, respectively.

mountain U-Haul stock is down more than 8% from the start of 2023. Other stocks that made the list include Intercept Pharmaceuticals , which saw short interest climb 18% from the end of August to the middle of September to 12 million shares. That equates to about 26% of the company's overall float. However, it shows the potential perils of a short strategy.

 

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