Apple’s stock has recently increased its stock market value to over three trillion dollars.
(Photo: Bloomberg)
Dusseldorf The Nasdaq 100 technology index on the US stock exchanges had its best half-year since 1983. But many professional investors are skeptical about how long this trend will continue. Hedge funds are already increasingly betting on falling prices, as an analysis by the financial data provider S3 Partners shows.
These “short positions” increase in value when prices fall. Overall, their value on the US market is more than one trillion dollars. The IT sector is the most heavily shorted area at just under $193 billion, followed by consumer discretionary ($169 billion) and the financial sector ($127 billion).
Anyone who bets on falling prices is called a short seller in stock market jargon. However, large short positions do not always mean that hedge funds expect prices to fall anytime soon, explains S3 analyst Ihor Dusaniwsky. The matter is a little more complex.
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