Citigroup: Investors Shift to Long Positions, Short Positions at Risk

August 11th. A Citigroup strategist stated that in the past week, there has been a recovery in long positions in the Euro-American markets, putting pressure on short positions, especially in the S&P 500 Index. The relevant team mentioned that investors in both markets injected fresh funds last week, rather than simply closing out their bearish positions.

In the U.S. market, this round of gains has resulted in continuous losses for the shorts; the massive short position in the S&P 500 may face forced covering if the market continues to trend slowly upwards.