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Hickey and Walters (Bespoke) submit: An interesting article in the WSJ this morning highlighted that even short sellers took it on the chin yesterday. Due to what may have been forced liquidations by long/short or market neutral funds, some of the most heavily shorted stocks rose sharply yesterday because of covering.

As shown below, the 30 stocks in the Russell 3,000 with the highest short interest as a percentage of float were up an average of 31 bps yesterday, while the overall markets were down nearly 3%.

click to enlarge
short stocks

Source: Short Sellers Took It On the Chin During Yesterday's Selloff