On March 30, Goldman Sachs traders indicated that significant short selling by hedge funds and systematic investors has increased the likelihood of a substantial stock market rebound if tensions from the Iran conflict ease. Goldman Sachs' prime brokerage trading division noted that hedge funds have reduced their global stock holdings for the sixth consecutive week, primarily driven by short selling. The latest round of selling has been widespread, with net selling observed across all major regions. A team led by Vincent Lin stated in a market data review for the week ending March 26 that in Europe, short positions in products trading around macroeconomic themes have risen to 11%, the highest level in a decade.
All Comments