According to 24/7 Wall St., shares sold short in Citigroup (C) spiked 36% to 381 million from December 15th to December 31st. Short interest in Apple (AAPL) soared 34%.
Apple shares have annhilated their share of shorts in the past, while Citi is a complete rollercoaster that could either make you rich or destitute in a week. These are some bold bets.
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See Also:
- Apple's App Store Has Lost $450 Million To Piracy
- Citi: Market Panic Is Finally Dead And Gone
- Echoes Of Dubai As Saudi Prince Shifts Citi Shares To Prop Up Kingdom Holdings