Bearish Wagers on Brazil Stocks Jump to Record as Ibovespa Falls

Updated on
  • Short interest in ETF rises to highest since at least 2006
  • Equity benchmark extends plunge from this year's peak in May

Bets on further declines in Brazilian shares climbed to a record amid forecasts Latin America’s largest economy is heading toward the worst contraction in 25 years. The Ibovespa led losses in the Americas.

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