Three stocks could rise as shorts lose

Dusseldorf The current stock market year has brought short sellers returns of more than 30 percent. The professional investors have already made more than 400 billion dollars with their bets on falling prices. This is shown by data from the analysis company S3 Partners.

Only one sector has been doing badly so far: energy stocks such as Chevron, Exxon Mobil and Occidental Petroleum. This could result in opportunities for private investors.

S3-Anaylst Ihor Dusanivsky explains: “Short bets in the energy sector have so far lagged behind the market development.” Short sellers have already lost 18 billion dollars in this sector this year. This makes it the only area that is in the red this year.