In this article we will check out the progression of hedge fund sentiment towards Skechers USA Inc (NYSE:SKX) and determine whether it is a good investment right now.
While the market driven by short-term sentiment influenced by the accommodative interest rate environment in the US, virus news and stimulus spending, many smart money investors are starting to get cautious.
The financial regulations require hedge funds and wealthy investors that exceeded the $100 million holdings threshold to file a report that shows their positions at the end of every quarter.
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