What the short interest surge may really signal: ""Over the last several months, each time the market fell, short sellers have stepped in hoping to finally catch a meaningful decline" says Hickey. "Like Wile E. Coyote in his pursuit of the Roadrunner, every time they think they have a chance, the market turns around."
In just February alone, the most heavily shorted stocks rallied an average of 6.67 percent, which is more than 200 basis points greater than the 4.61 percent increase for the S&P 1500. "
'via Blog this'
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