A ‘Massive’ Short Squeeze Is Hitting India on Quirky Bailout
- Yes Bank’s shares have jumped 220% as rescue restricts trading
- May be country’s biggest squeeze in at least 10 years: Kalra
This article is for subscribers only.
Follow Bloomberg on Telegram for all the investment news and analysis you need.
Shares of Yes Bank Ltd. have more than tripled from a low this month as the terms of India’s largest-ever bank rescue have left short-sellers scrambling to cover positions.