‘Contrarians aren't being rewarded,' and short sellers of U.S. stocks are giving up, says Citigroup
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Citigroup strategists report that investors are increasingly abandoning short positions against the U.S. stock market, indicating a lack of reward for contrarian strategies.
December 03, 2024 | 1:00 pm
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Citigroup strategists highlight a trend where investors are giving up on short selling U.S. stocks, suggesting a shift in market sentiment.
Citigroup's analysis on the decline of short selling in the U.S. stock market suggests a positive sentiment shift, which could be seen as a bullish indicator for the market. This may reflect positively on Citigroup as a financial institution providing market insights.
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