“Whilst Pfizer described yesterday as a great day for science and for humanity, it was anything but for short sellers who look to have been caught out by the market adjustment.” said ORTEX co-founder Peter Hillerberg.
Funds with significant short positions in travel and leisure stocks include D.E. Shaw, GLG Partners - which had a net short position in Rolls-Royce of 0.92% on Nov. 4 - and Marshall Wace, according to UK regulatory filings. The funds either declined to comment or did not respond to requests for comment.Betting against travel and bank stocks had been a winner for hedge funds since governments shut down swathes of their economies in March.
Investors have banked profits and reduced positions since August. But significant outstanding short exposure remained as some bet on further falls following another round of government lockdowns.
ALL MUSLİMS BOYKOT FRANCE PRODUCKS.
how sad
How can anyone be short in a market which is being artificially pumped full of cash and when interest rates are historically low with no sign of increase. 🤷🏻♂️
Govt infusion I guess as NOBODY going on vacay & travel is non-existent (if u have a brain).
Short selling should be banned,full stop.
haha good enough for you vultures
Works for me... only rich people play with the market now.
Good
woops!
90% of news about covid and trump
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