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HIVE Digital Technologies Ltd (NASDAQ:HIVE) Sees Large Decrease in Short Interest

HIVE Digital Technologies Ltd (NASDAQ:HIVE) Sees Large Decrease in Short Interest
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HIVE Digital Technologies (HIVE) Reports March 2024 Bitcoin Production

HIVE Digital Technologies (HIVE) Reports March 2024 Bitcoin Production
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Short sellers bet $11 billion that crypto stock rally won t last

Total short interest, or the amount that contrarian traders have pledged against crypto stocks, has increased to nearly $11 billion this year, according to a report from S3 Partners LLC on Monday. More than 80% of total short interest in the sector are bets against MicroStrategy Inc. and Coinbase Global Inc.

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Short Sellers Bet $11 Billion That Crypto Stock Rally Won t Last

Short Sellers Bet $11 Billion That Crypto Stock Rally Won t Last
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Short Sellers Bet $11 Billion That Crypto Stock Rally Won t Last

(Bloomberg) Short sellers are still betting billions of dollars that the rally in cryptocurrency-linked stocks fueled by a surge in Bitcoin will eventually end. Most Read from BloombergTrump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest PeopleBiden Gains Ground Against Trump in Six Key States, Poll ShowsTrump Vows to Pay Fraud Trial Bond Cut by 68% to $175 MillionVital Baltimore Bridge Collapses After Being Struck by ShipAfter Exposing Realtors, Eliminate the Mortgage I

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