As Stocks Rise, so do Bearish ETF Bets
June 10, 2014 at 09:30 AM EDT
Even with the S&P 500 hitting new record highs on an almost daily basis, short sellers are not deterred and continue to load up on bearish bets on some of the largest exchange traded funds. Nearly 11% of the shares outstanding in the SPDR S&P 500 ETF (NYSEArca: SPY), the world’s largest ETF...