Apple Short Sellers Made $2B In Profits In September, And Shorts In This Biotech Stock Lost $307M

Quick Summary:

Short sellers were most aggressive in betting against the energy sector, which saw its short interest rise by 14.7% in the month.

The consumer staples sector and the financials sector also each saw double-digit gains in short interest last month.

Conversely, a new report from ORTEX Analytics reveals short sellers had a great month of September.

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Article Details

Author / Journalist: Wayne Duggan

Category: Technology

Markets: United States

Topics: Tech Short Sellers US0378331005 REGN Penny Stocks US75886F1075 AAPL US8867EQ1017 Analyst Ratings SFT Trading Ideas BEEM TIGR US78462F1030 Small Cap SPY Benzinga Top Stories Analyst Color ORTEX Analytics

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-10-05 @ 17:04:14 (3 months ago)

News Timezone: GMT +8:00

Ranking: #1173 (out of 3198 stories this day)

News Source URL: benzinga.com

Language: English

Article Length: 340 words

Reading Time: 2 minutes read

Sentences: 17 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 744656

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