Now It's Clear Why U.S. Bears Kept Shorts at Highest in 4 Years

  • Short interest on companies in the S&P 500 continues climbing
  • Most-shorted stocks down 33 percent in last three months

Turmoil Overseas Hits U.S. Markets Hard

One legacy of last August’s selloff in equities has been a refusal among bearish traders to reduce short sales from the highest levels since 2011, even as stocks rallied. As the year begins, their stubbornness is paying off.

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