Short sellers keep betting against Pop Mart — even though it's been a losing trade

Short sellers are increasing exposure to Pop Mart International despite a recent share-price recovery, making their bearish stance on the Chinese toymaker progressively riskier. The development is more about shifting positioning/sentiment than any reported fundamental change, so near-term impact is likely limited to sentiment-driven trading.

Analysis

Short sellers are increasing exposure to Pop Mart International despite a recent share-price recovery, making their bearish stance on the Chinese toymaker progressively riskier. The development is more about shifting positioning/sentiment than any reported fundamental change, so near-term impact is likely limited to sentiment-driven trading.