Bond Influence in Stocks Spreads to Short Sellers Too: ChartBy
Companies perceived as riskier in the bond market can’t get a break from stock investors. After getting caught in the worst of last week’s equity selloff, companies with the lowest credit ratings are now staring down the biggest line of short-sellers in stocks. Data compiled by Bloomberg and Markit Ltd. shows that the shares of firms ranked weakest by Standard & Poor’s have twice as many bearish bets as the highest rung -- and that’s excluding energy and materials shares.
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