Business
BHP shorts at record high, cat and mouse traders keep piling in – The Australian Financial Review
The knives are out for ASX-listed BHP Group as short sellers flood the register in record numbers.
To recap, BHPs DLC announcement instantly sparked a hot trade for fast money funds.
Hedge funds have aggressively shorted the more expensive ASX-listed stock (dubbed Ltd shares) and bought the UK-listed BHP (Plc shares), which were trading at a discount….
Continue Reading
