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mahatmakanejeeves

(60,945 posts)
Thu Jan 5, 2023, 07:16 AM Jan 2023

Short sellers made $300 billion in 2022's market wipeout

Full disclosure: I'm not one of them.

Yahoo Finance

Short sellers made $300 billion in 2022's market wipeout

Big-name companies like Meta, Tesla, and Amazon were among the most profitable short trades last year.

Alexandra Semenova · Reporter
Wed, January 4, 2023 at 2:03 PM PST · 3 min read

A terrible year for most investors in the stock market was one to celebrate for traders who bet successfully on its decline.

U.S. short sellers were up 31% in 2022, sitting on $300 billion in mark-to-market profits on an average short interest of $973 billion, research from data analytics firm S3 Partners showed Wednesday.

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