Late Shorts Burned by A-Shares ETF Rally

Time will tell if the rally is sustainable, but this much is certain: From its Wednesday close to its Friday close, the Deutsche X-trackers Harvest CSI 300 China A-Shares ETF (NYSEArca: ASHR), the largest U.S-listed A-shares ETF, surged more than 25%, rocking late-arriving shorts that had piled...