Clover Health Short Sellers Lost $502M On Tuesday
Wayne Duggan, 09 June 2021
Love it or hate it, Medicare insurance technology company Clover Health Investments Corp CLOV is the latest Reddit short squeeze stock ripping higher this week.
The stock gained 86% on heavy volume Tuesday as a massive short squeeze continued, and S3 Partners analyst Ihor Dusaniwsky said Clover short sellers are racking up major losses. Continue reading “Article: Clover Health Short Sellers Lost $502M On Tuesday”
Ihor Dusaniwsky Managing Director of S3 Partners from Sep 2003 -to Present in Greater New York City Area. He was a former Vice President of Commerzbank AG from 1999 to 2003. He was also the former Head of Agency Lending Des in Morgan Stanley from 1985 to 1999 in Greater New York City Area with a background in Equity Controller – NY and Tokyo, FX Controller – NY and Tokyo, Equity Special Projects – Hong Kong, World Wide Head FX Controller – NYSecurities Finance WW Collateral Manager – London International Securities Finance Trader – NY and London Domestic Securities Finance Trader – NY, ETF Securities, Finance Trader – NY, ADR Securities finance Trader – NY Head of Agency Lending – NY. Continue reading “Subject: Ihor Dusaniwsky”
Naked Shorting – not a real thing in the U.S. market although it is talked about but rarely seen like Bigfoot, humble politicians and diet fried chicken.
Continue reading “Tweet: Ihor Dusaniwsky: Nothing To See Here Folks, “Naked Shorting – not a real thing in the U.S. market””
Anything that is “fully paid for”, like a 401k, is automatically segregated by your broker & can’t be touched. It is a very big no-no for those shares to be used & when a broker gets their annual rectal exam by the authorities it is one of the first things the examiners check for
Robert David Steele
Ihor, nice in theory but the reality is that brokers ALWAYS borrow cash account shares to cover naked shorts, i.e. shares sold long that they don’t own or have not legally borrowed. @PatrickByrne http://stopnakedshortselling.org
Short Sellers Still Targeting Retail, Biotech ETFs
Wayne Duggan, 18 February 2021
After a huge second half of 2020, the S&P 500 is off to another hot start to 2021. With stock market valuations getting more bloated by the week, there are plenty of skeptics that believe certain stocks and sectors have come too far too fast.
There is currently $244 billion in aggregate domestic ETF short interest, according to S3 Partners analyst Ihor Dusaniwsky. Over the past month, Dusaniwsky said short sellers have increased their exposure by about $14 billion. Continue reading “Article: Short Sellers Still Targeting Retail, Biotech ETFs”
GameStop Short Selling Reduces By Over Half: Report
Shivdeep Dhaliwal, 02 February 2021
Short selling activity in the shares of GameStop Corp (NYSE: GME) is slowing down as traders move to cover their bets, according to analytics company S3 Partners, Reuters reported Monday.
What Happened: The video game retailer’s 27.13 million shares were shorted in the week, which is 35 million lower than the number of shares shorted in the preceding week, as per Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners. Continue reading “Article: GameStop Short Selling Reduces By Over Half: Report”
GameStop short sellers are still not surrendering despite nearly $20 billion in losses this month
Yun Li, 29 January 2021
The astronomical rally in GameStop has imposed huge losses of nearly $20 billion for short sellers this month, but they are not budging.
Short-selling hedge funds have suffered a mark-to-market loss of $19.75 billion year to date in the brick-and-mortar video game retailer, including a nearly $8 billion loss on Friday as the stock kept ripping higher, according to data from S3 Partners.
Still, short sellers mostly are holding onto their bearish positions or they are being replaced by new hedge funds willing to bet against the stock. GameStop shares that have been borrowed and sold short have declined by just about 5 million over the last week, marking an 8% dip in the short interest, according to S3. Most of the short covering occurred on Thursday, when the stock fell for the first time in six days. Continue reading “Article: GameStop short sellers are still not surrendering despite nearly $20 billion in losses this month”
Short Squeeze Costs Tesla Shorts $40 Billion in 2020
Danny Vena, 21 January 2021
Tesla (NASDAQ:TSLA) was one of the undisputed winners of 2020, with the stock gaining 743% over the course of the year. There were a number of factors that contributed to the electric car maker’s surging stock price, including five successive quarters of profits, induction into the S&P 500 Index, and a well-received stock split.
However, short sellers that bet against the stock lost a massive $40 billion in 2020, making it the single most unprofitable short of the year. Short sellers lost a combined $245 billion last year, with Tesla costing shorts more than the next nine stocks combined. Continue reading “Article: Short Squeeze Costs Tesla Shorts $40 Billion in 2020”
GameStop short-sellers lost $1.6 billion in a single day as Reddit traders rebelled against them
Ben Winck, 25 January 2021
Investors betting against GameStop and the army of bullish retail traders have already lost billions in 2021. Mark-to-market losses for GameStop shorts on a year-to-date basis reached $3.3 billion when trading closed on Friday, according to data from the financial-analytics firm S3 Partners. Losses totaled nearly $1.6 billion on Friday alone as shares rocketed 51% higher into the close.
GameStop stock has continued to climb as Reddit users and day traders have extended the unusual momentum trade into its third week. The company’s shares initially leaped on January 11 after it agreed with an activist investor to add three new directors to its board. The day’s gains drew in swaths of retail traders, including members of the popular WallStreetBets subreddit. Continue reading “Article: GameStop short-sellers lost $1.6 billion in a single day as Reddit traders rebelled against them”
‘Big Short’ investor says his big Tesla short is getting ‘bigger and bigger’
Pressboltnews, 11 January 2021
Short sellers, caught on the wrong end of a $38 billion hit in 2020, suffered “the largest yearly mark-to-market loss” Ihor Dusaniwsky of S3 Partners has ever seen. One of those under water on that trade: Michael Burry.
The investor, made famous in the book and film, “The Big Short,” for his prescient bet against the U.S. housing market, announced in early December that he was shorting Tesla at “ridiculous” levels. It’s been ugly for Burry and the rest of the shorts since then, with the Tesla shares up more than 44% in the past month. Over the past year, the stock has exploded for a gain of 820%, making CEO Elon Musk the richest man in the world. On Friday, Tesla stretched its record winning streak to 11 sessions in a row, closing at another record. Continue reading “Article: ‘Big Short’ investor says his big Tesla short is getting ‘bigger and bigger’”
Tesla short-sellers take record losses in battle with Elon Musk
Irish Times, 3 February 2020
Investors betting against Tesla suffered record losses of $5.8 billion (€5.2 billion) in January after the stock hit a new high, marking a win for chief executive Elon Musk in a long-running battle with short-sellers.
Mr Musk’s testy sparring online with notable short-sellers, including David Einhorn of Greenlight Capital, has become one of the fiercest rivalries in capital markets.
Read full article.
Berkshire Hathaway Bet Big on Dialysis Giant DaVita. Jim Chanos Thinks It’s a Scam.
Christine Idzelis, Institutional Investor, 4 December 2019
DaVita provides life-extending dialysis treatment to more than 200,000 patients. But is it gaming the system through questionable donations to the American Kidney Fund?
Read full article.
Comment: Chanos is calling DVA a fraud. Stock was $59 it fell to $53. Then it went to $115. NICE WORK. Buffet too big to cheat?
Short Sellers Piling Into Chinese Stocks As Trade Tensions Rise
Wayne Duggan, 19 September 2019
Trade tensions between China and the U.S. are once again on the rise over President Donald Trump’s threats to ban TikTok and WeChat in the U.S. starting on Sunday. With the November election now only about six weeks away, S3 Partners analyst Ihor Dusaniwsky said short sellers are targeting Chinese stocks in a major way.
Dusaniwsky said China and Hong Kong short interest now totals $104 billion, an increase of $2.03 billion in the past month. The dispute between Trump and China over TikTok could be a preview of what’s to come between now and the election, and short sellers seem to believe Chinese stocks could suffer. Continue reading “Article: Short Sellers Piling Into Chinese Stocks As Trade Tensions Rise”
Traders betting against FAANG stocks have made $5.5 billion during the brutal October sell-off (FB, AMZN, AAPL, NFLX, GOOG)
Ethel Jiang, 30 October 2018
Betting against some of this year’s best-performing tech stocks — the FAANG basket — has been a money-making machine during the brutal tech sell-off in October. Short sellers of FAANG stocks, or those investors betting against these shares, have seen $5.52 billion in mark-to-market profits since the beginning of the month, a return of 17.14% on an average short position of $32.2 billion, according to data from S3 Partners, a financial-analytics firm.
Since that time, the tech-heavy Nasdaq index has plunged 12%, in large part because of the FAANG stocks — Facebook (-13%), Apple (-6%), Amazon (-24%), Netflix (-26%), and Google (-15%). Continue reading “Article: Traders betting against FAANG stocks have made $5.5 billion during the brutal October sell-off (FB, AMZN, AAPL, NFLX, GOOG)”