Thomson router dictionary file6/11/2023 The company sources short interest data from submissions by agent lenders, prime brokers, and broker-dealers. Ortex said the figures are based on the change in trading prices between the start of January to Wednesday’s close, and the number of short positions. Its data also showed that estimated losses from shorting GameStop at $1.03 billion year-to-date, while those shorting Bed, Bath & Beyond were looking at a $600 million loss. Ortex data showed that as of Wednesday, there were loss-making short positions on more than 5,000 U.S. ![]() The hefty losses come as shares of highly-shorted GameStop jumped more than 1,000% in the past week without a clear business reason, forcing short-sellers to buy back into the stock to cover potential losses - defined as a short-squeeze - while retail investors then piled in to benefit from the surge.Ĭhasing shorted companies became a trend among retail traders, rippling across U.S. companies so far this year, data from financial data analytics firm Ortex showed on Thursday. With Thomson Reuters Westlaw, youll find legal information you need quickly, confidently, and know your research is complete using the worlds most preferred online legal research service. ![]() LONDON (Reuters) - Short-sellers are sitting on estimated losses of $70.87 billion from their short positions in U.S. Use Westlaw legal research when being wrong is not an option. store is shown in Encinitas, California, U.S., May 24, 2017.
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