Lucas Jackson/Reuters
- Wall Street traders have taken on the biggest short position in US stocks on record.
- Trend-following CTAs are short $47 billion of US equities, according to data from Goldman Sachs.
- The extreme short positioning could ultimately fuel buying pressure for stocks if the bet is unwound.
Professional traders in one corner of Wall Street have taken on their biggest bet ever against US stocks, according to data from Goldman Sachs.
The bank said in a Monday note that trend-following traders on Wall Street, also known as commodity trading advisers (CTAs), are short a record $47 billion of US stocks. The extreme positioning comes after they sold $88 billion worth of stocks over the past 15 trading sessions.