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Short Sellers Are Ramping Up Their Bets Against Tech Stocks: Analyst Says This May Be A ‘Bear Rally’

The technology sector has taken quite a hit so far in 2022 as investors bet that rising interest rates could weigh on tech stock growth rates. Tech short sellers have done fairly well so far this year, but a new report by S3 Partners analyst Ihor Dusaniwsky suggests short sellers expect more weakness ahead for tech stocks.