Short sellers targeting US companies lost $75 billion on Wednesday's market rebound, Ortex says
ReutersApr 10, 2025 1:25 PM
NEW YORK, April 10 (Reuters) - Short sellers targeting U.S. companies lost $75 billion on paper on Wednesday after President Donald Trump said he would temporarily lower the hefty duties he had imposed on dozens of countries, sparking a massive relief rally in stocks, according to data and analytics company Ortex Technologies.
The data, for U.S. companies with market capitalization of $1 billion and greater, showed short sellers' gains for 2025 through Wednesday at $112.7 billion.
Short sellers aim to profit by selling borrowed shares and buying them back later at a lower price.
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