Stock prices are rising, but investors are skeptical.
(Photo: Bloomberg/Getty Images)
Dusseldorf In the US, companies’ reporting season got off to a mixed start for the first quarter. Professional investors in the stock market remain skeptical: they recently bet almost a trillion dollars on falling prices, as an analysis by the financial data provider S3 Partners shows.
In March in particular, professional investors significantly increased their short positions, which increase in value when prices fall. “In total, $44.4 billion in new short trades were made this month,” said S3 analyst Ihor Dusaniwsky. Professional investors obviously see particularly strong price risks in the technology, cyclical consumer goods and financial stocks sectors.
Although the US stock markets are in a rally and the market-wide S&P 500 index has risen by more than 15 percent since the beginning of October, the professional investors, also known as short sellers, are in illustrious company with their skeptical attitude: almost the entire Wall Street seems to be to prepare for a possible price crash.
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