Short sellers taking aim at U.S. regional-bank stocks are seeing windfall profits of $3.53 billion in March to date — and of more than $2.29 billion in just the last three days of trading — according to data analytics company S3 Partners Research, which tracks short-selling data.
That’s at least on paper, based on their mark-to-market positions. Short positions are a bet that a stock will fall.
It…
