Short sellers have made $6 billion in paper profits in October betting against AI infrastructure stocks, with about $17 billion in shares across five AI infrastructure companies still sold short, according to ORTEX.
The scale of both realized paper gains and remaining short interest shows persistent skepticism about AI infrastructure valuations. With $17 billion still sold short across five names, further declines could extend short-seller profits, while any rebound raises the risk of a short squeeze given the size of the positioning.
Bloomberg·10/22, 08:29 PM