Hedge Funds Closing Stock Short Bets at Fastest Pace Since 2020

Hedge funds are rushing to close out bets against US stocks at a pace not seen since the market rebounded from the crash set off by the pandemic in March...

By Natalia Kniazhevich · Bloomberg Markets

Hedge funds are rushing to close out bets against US stocks at a pace not seen since the market rebounded from the crash set off by the pandemic in March 2020.