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10 Stocks That Earned Short Sellers The Most Profits In 2020

10 Stocks That Earned Short Sellers The Most Profits In 2020
The coronavirus outbreak severely disrupted the stock market and the economy in 2020. While many stocks ultimately recovered their early-year losses thanks to aggressive federal stimulus spending, some stocks are still feeling the pandemic pain.

In 2020, U.S. short sellers logged $345 billion in net in mark-to-market losses, according to S3 Partners analyst Ihor Dusaniwsky.

“The largest losses were in the consumer discretionary and information technology sectors, while there were minimal profits in the energy, real estate, financial and utilities sectors,” he said Thursday.

But even though the S&P 500 rallied 16.3% in 2020, short sellers still did well in some of the worst-performing stocks.

Related Link: Citron's Andrew Left Says GameStop Is 'Pretty Much In Terminal Decline'
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