Citigroup: Investors Shift to Bullish, Short Positions Face Risks

On August 11, Citigroup strategists indicated that the positioning in the European and American markets has shown signs of recovery, putting pressure on short sellers, particularly evident in the S&P 500 index. The relevant team stated that last week, investors across the market injected new funds, rather than merely closing short positions. In the U.S. market, this round of gains has led to accumulating losses for short sellers; the substantial short positions in the S&P 500 may face forced covering if the market continues to rise gradually.

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