Short Sellers Targeting SPACs: Report

The great boom of special purpose acquisition companies in 2020 is creating another one in its wake: a boom in SPAC shorts, Institutional Investor reports.

So far this year at least six companies that went public by merging with a SPAC have been targeted by short sellers.

And short sellers, who are using SPACs as a screen to look for ideas, say more are on the way. Read more.

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