0billionaire
2023-12-18

$Palantir Technologies Inc.(PLTR)$ A late-year surge in stocks is exacerbating the pain of short-sellers, who are on track for their worst collective annual loss since 2020, according to data and analytics company Ortex.

Short sellers - who aim to profit by selling borrowed shares and buying them back later at a lower price - are down over $145 billion for the year, according to an Ortex analysis of short interest in 1,500 U.S. stocks.

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