
Hedge funds have reportedly sold U.S. stocks at the fastest pace on record, with over 75% of the selling attributed to U.S. equities, according to data from Goldman Sachs. This marked the largest stock sell-off in at least 15 years, coinciding with a challenging week for the S&P 500, which is now on the brink of entering a bear market. Additionally, institutional investors experienced their worst week since the 2020 financial crisis, with retail investors also participating in the sell-off, dumping $1.5 billion in U.S. equities during a single trading session. Furthermore, short sellers have profited significantly, amassing $159 billion in just six days as stock prices continued to decline. The pace of ETF selling was noted to be the second fastest in a decade, indicating a broader trend of bearish sentiment among investors.
As a reminder, last week saw the biggest shorting on record (via Goldman Prime Brokerage) https://t.co/USvK3m6fcj
Short sellers mint $159 billion profit in 6 days as stocks sink https://t.co/3eOoy7efbJ via @business
Short Sellers Mint $159 Billion Profit in 6 Days as Stocks Sink https://t.co/uUE6Pmc2rR



