Definition of short covering in English:
The buying in of stocks or other securities or commodities that have been sold short, typically to avoid loss when prices move upward.
- This market condition develops because short covering and not fundamental demand is fueling the rising price trend.
- Such short covering becomes a source of extra demand for a stock, pushing the price up.
- This news spilled over into other markets today, forcing short covering in copper and other metals.
Definition of short covering in:
- British & World English dictionary
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