Short sellers have lost more than $13 billion betting against 5 AI stocks

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Business News News

Short sellers have lost more than $13 billion betting against these 5 AI stocks this year

for investors this year, as well as painful losses for short sellers.

According to data from S3 Partners Research, just five AI-related stocks have sparked more than $13 billion in mark-to-market losses for short sellers this year. The losses are big when you consider that the short interest as a percentage of share float is in the low single digits for these stocks, meaning that much of the losses were triggered not by so many people being caught on the wrong side of the trade, but instead

These are the five AI stocks that have caused more than $13 billion in losses for short sellers this year, according to S3 Partners.CFOTO/Future Publishing via Getty Images

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines