Friday, 7 June, 2024

Short Positions Against Nvidia Hit $3.4 Billion

Short sellers have amassed positions worth $3.4 billion against Nvidia, signaling a significant bearish sentiment in the market. The increase in short bets reflects concerns over various factors, including valuation, supply chain disruptions, and regulatory challenges. Investors are closely monitoring these short positions, anticipating their potential impact on Nvidia's stock price and the broader semiconductor market.