Short positions held against the SPDR S&P Retail ETF reached 666% last week, according to data from S3 Partners, a financial analytics firm. It's the highest level of bets against big retailers such as Macy's and Kohl's since March. The boost in short positions comes after weak retail earnings at the end of November and a"calm" Black Friday, according to Oliver Chen of Cowen. Read more on Business Insider.
Short positions held against the SPDR S&P Retail ETF reached 666% last week, according to data from S3 Partners, a financial analytics firm. It's the highest level of bets against big retailers such as Macy's and Kohl's since March. The boost in short positions comes after weak retail earnings at the end of November and a"calm" Black Friday, according to Oliver Chen of Cowen. Read more on Business Insider.
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