Capitulation? US Equity Bears Dump Shorts Fastest Since 2012
By Tyler Durden
The last ten weeks have seen a 29% surge in “Most Shorted” stocks – that is the largest such move on record (creating the biggest rebound in stocks since 1933).
This huge short-squeeze began as S&P Large Speculators were the “shortest” since Dec 2011 and those shorts have covered non-stop since. In fact, the last 4-weeks saw a huge 27,347 ‘net’ contracts covered – the most during a bear-positioning since May 2012.
The question is – did this represent a capitulation (like in Nov/Dec)?
Source: Capitulation? US Equity Bears Dump Shorts Fastest Since 2012
Posted April 18th, 2016 in Uncategorized.
