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GameStop Mania Prompts Surge in Australia's Most-Shorted Stocks


Jackie Edwards, Bloomberg News
Microsoft Corp. Xbox games and accessories inside a GameStop Corp. store in San Diego, California, U.S., on Monday, Jan. 25, 2021. California, a recent epicenter of the coronavirus pandemic, has lifted its regional stay-at-home orders as the outbreak slows across the state and hospitalizations ease. Photographer: Bing Guan/Bloomberg
, Bloomberg
(Bloomberg) A surge in GameStop Corp. and other heavily-shorted U.S. stocks has investors targeting some Australian names with large amounts of bearish bets.
Investors are snapping up companies that have a high short interest as a percentage of equity float after the U.S. video game retailer became a flash point between short sellers and retail traders. Some of Australia’s most-shorted stocks like travel firm Webjet Ltd. and funeral-home operator InvoCare Ltd. are among the top performers on the benchmark S&P/ASX 200 Index on Thursday. ....

New South Wales , Gamestop Corp , Tassal Group Ltd , Resources Ltd , Inghams Group Ltd , Webjet Ltd , Invocare Ltd , Australian Securities Investments Commission , Australian Securities , Investments Commission , Inghams Group , புதியது தெற்கு வேல்ஸ் , கேம்ஸ்டாப் கார்ப் , வளங்கள் லிமிடெட் , இங்கம்ஸ் குழு லிமிடெட் , இணுவோக்கறே லிமிடெட் , ஆஸ்திரேலிய பத்திரங்கள் முதலீடுகள் தரகு , ஆஸ்திரேலிய பத்திரங்கள் , முதலீடுகள் தரகு , இங்கம்ஸ் குழு ,