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Semi shorts down $18 billion in mark-to-market losses in 2023, S3 Partners says

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NEW YORK : Short sellers in U.S. shares related to the semiconductor industry are down $18.31 billion in mark-to-market losses for the year to date, including $7.2 billion in losses since last week's rally in Nvidia's stock, according to financial data firm S3 Partners.Nvidia's shares are up about 28 per

NEW YORK : Short sellers in U.S. shares related to the semiconductor industry are down $18.31 billion in mark-to-market losses for the year to date, including $7.2 billion in losses since last week's rally in Nvidia's stock, according to financial data firm S3 Partners.

"The Semiconductor sectors have been an investing desert for short sellers," S3 Partners analysts wrote in the report this week. Nvidia has had the largest increase in short covering in the past 30 days, while Advanced Micro Devices has had the largest increase in short selling in that period.

 

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