Wall Street slide nets short sellers $127 bln
NEW YORK, April 8 (Reuters) - Short sellers targeting U.S. companies have gained $127 billion on paper from April 2 through Monday after President Donald Trump's sweeping tariffs sparked a sharp selloff in stocks, according to data and analytics company Ortex Technologies.
The data, for U.S. companies with market capitalization $1 billion and greater, showed short sellers' gains for 2025 through Monday at $189 billion.
Short sellers aim to profit by selling borrowed shares and buying them back later at a lower price.
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