The most heavily shorted ETFs in the market are soaring. Can you guess which ones they are? (via ETFEdgeCNBC)
div > div.group > p:first-child"> The most heavily shorted exchange-traded funds in the stock market seem to be likely targets for Wall Street's skeptics, or those who try to make money by betting that stocks will go lower.
Yet these funds are also soaring. Year to date, the retail ETF is up nearly 11%; the semiconductor ETF made a fresh 52-week high on Monday and has gained almost 30%; and the oil ETF has climbed more than 20%. "This market has either reached new highs or ... almost has reached new highs, and yet there's very low volume," Wiener said Monday on CNBC's "ETF Edge.""People seem to be a little bit more bearish. They're certainly not running with the bulls and buying with abandon. You have a big short position, it means somebody's hedging, or a lot of somebodies are hedging.
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