NEW YORK (Reuters) – Amid the U.S. stock market’s slide to start the year, short sellers are up about $114 billion in realized and unrealized gains so far in 2022 as of Friday, or an 11.6% increase, according to financial analytics firm S3 Partners.
According to S3, 79% of money in short positions have produced profitable returns in January.
Declines in software and services stocks led to the biggest gain among industries, a 19.2% return for shorts so far this month, according to S3.
(Reporting by Lewis Krauskopf; Editing by Chris Reese)
