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nounmass nounStock Market
The buying in of stocks or other securities or commodities that have been sold short, typically to avoid loss when prices move upwards.
- ‘This news spilled over into other markets today, forcing short covering in copper and other metals.’
- ‘Such short covering becomes a source of extra demand for a stock, pushing the price up.’
- ‘‘It's nothing more than a bit of short covering,’ said David Thwaites, European strategist at BNP Paribas in London.’
- ‘Actually, we suspect short covering and derivative trading were likely major factors fueling the rally.’
- ‘This market condition develops because short covering and not fundamental demand is fueling the rising price trend.’
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