Traders shorting U.S. stocks made nearly $160 billion in profits in 6 days
2025-04-09 13:55
Odaily News Traders betting on falling stock prices have made $159 billion in profits in just six trading days after the escalating trade war caused U.S. stocks to plunge more than 10%. According to data from S3 Partners LLC, since Trump announced the imposition of comprehensive tariffs, U.S. stocks have seen their biggest drop since 2022, and shorting the ETF (code SPY) that tracks the S&P 500 index has become the most profitable short bet during this period. Ihor Dusaniwsky, managing director of S3 predictive analysis, said that overall, no matter which sector was shorted in this pullback, it was profitable, with 81% of short trades making a profit, and as much as 97% of short positions making a profit by amount. (Jinshi)
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