
Short sellers focusing on U.S. companies with a market capitalization exceeding $1 billion have reported gains of $54.9 billion for the week ending Thursday, according to data from Ortex Technologies. This increase contributes to total short sellers' profits for the year, which have reached $118.5 billion as of the same date. The data highlights a growing trend in short selling amid market fluctuations, particularly affecting major indices such as the Nasdaq-100 and S&P 500, represented by ETFs like QQQ and SPY.
XTX Markets hits record £1.3bn profit as market swings boost high-speed trader https://t.co/5hyaI8aYqf via @FinancialNews
US single stocks, the blue chart is inverted and shows shorting for ETF’s reaching new ATH’s. https://t.co/T5nkuxJgEH
XTX earnings surge on last year’s market rally https://t.co/z2pnRCkJ1M