Short sellers take purpose at regional banks, seeing windfall income of $3.53 billion in March thus far — no less than on paper

Short sellers taking purpose at U.S. regional-bank shares are seeing windfall income of $3.53 billion in March thus far — and of greater than $2.29 billion in simply the final three days of buying and selling — in keeping with information analytics firm S3 Partners Research, which tracks short-selling information.

That’s no less than on paper, based mostly on their mark-to-market positions. Short positions are a wager {that a} inventory will fall.

It…

Source web site: www.marketwatch.com

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