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Posted on: Dec. 19, 2018, 2:01 p.m.
Hedge funds have seen their short bets shrink by billions of dollars even as the bearish strategy posts bumper profits -- the latest twist in the tale of the stock rout that’s wiped out over $2 trillion in two weeks. As economic and monetary angst lash U.S. markets into submission, short interest in cash equities as a percentage of market cap has tumbled to near the lowest since 2010, according to Deutsche Bank AG. The investing style is often the … Full investment news articleRelevent to this post: Goldman Sachs Deutsche Bank,