Shorting the rally
The amount of the fund’s shares on loan, a useful proxy for wider US short interest, has increased by 24 per cent since September 7th.
Shorting this rally is a dangerous game, and luckless bears could require a visit tohere, or even here.
Bonfire of the bears - Yell edition - FT Alphaville
VW investors forget the pain of burnt fingers - FT Alphaville