Original Title: ‘The Most Bearish Company on Wall Street is the Leading Cryptocurrency Stock’
Author: Eric, Foresight News
The Alphaville column of the Financial Times published an article titled ‘Mirror mirror on the wall, what is the most shorted stock of them all?’ on February 24, providing some very interesting data.
The article shows that the median short interest in S&P 500 index components has climbed to 2.7%, reaching one of the highest levels in nearly a decade. Among all the components, Strategy leads with 14% of its market value held in short positions, while Coinbase ranks fourth with 11%. This means that among all U.S.-listed companies with a market value exceeding $25 billion, Strategy is the least favored.
Articles published…
