Looking for a reason to put on your rally cap for the market over the next few months? Here's...


Looking for a reason to put on your rally cap for the market over the next few months? Here's one for you: Short sales on the NYSE have climbed above last September’s peak, a level that preceded a five-month rally. Shares borrowed and sold reached 5.35% of stock available for trading last month, eclipsing the 5.28% level on September 15, 2011, when bearish bets peaked last year and the 25 most-shorted companies in the S&P 500 went on a tear, advancing nearly 21%.

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  • expansionjoint
    , contributor
    Comment (1) | Send Message
     
    how can your average investor find short sale information?
    16 Jul 2012, 03:02 PM Reply Like
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