The Crucial Piece of Information That Big Traders Get Before Everyone Else
Everyone else is flying blind
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In today’s U.S. stock market, trading is fast approaching the speed of light. Yet for one crucial piece of information, many investors still have to wait as long as two weeks for updates.
“Short interest,” Wall Street speak for how heavily a company’s stock is being targeted by traders betting prices will fall, is arguably the best predictor of returns, research suggests. But the official tallies from exchanges are almost always outdated, a substantial handicap when speed is paramount.