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Short sellers doubling down on these ASX stocks despite the GameStop saga – The Motley Fool Australia
If you thought short sellers are beating a hasty retreat following the GameStop Corp. (NYSE: GME) share price saga, think again!
If you thought short sellers are beating a hasty retreat following the GameStop Corp.(NYSE: GME) share price saga, think again!
Australian short sellers are not only holding on to their bearish bets, but they have stepped up their attack on a number of ASX shares.
Unlike their US counterparts, short selling hedge funds are retreating with their tails between their legs after the Reddit army of retail investors sent the GameStop share price soaring.
Short sellers undeterred by GameStop squeeze
Short…
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