yes, they make money out of short positions… but only if the shorted stocks go down. They may also have to pay a loan charge to “borrow” the shorted stocks. So if the shorted stocks go up, they probably lose twice ! Then they have may have to pay the loan charge and then buy back the shorted stocks at the higher price, to pay back the lender of the stocks with the shares they previously shorted.
CDM Price at posting:
91.0¢ Sentiment: Hold Disclosure: Held
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