Wall Street's Shorts Resurgence

Short selling has experienced a notable resurgence as investors grow increasingly cautious of the prolonged AI-driven bull market. In June, short positions across US and Canadian equities reached a record $2.39 trillion, driven by new short sales totaling about $98 billion. The surge reflects investors' concerns about over valuations, recent market corrections, and the sustainability of the current tech-centric rally, signaling a potential shift in market sentiment.

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