Definition of short covering in English:
noun[mass noun] Stock Exchange
The buying in of stocks or other securities or commodities that have been sold short, typically to avoid loss when prices move upwards.
- 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:
- US English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Australia
Most popular in Malaysia
Most popular in India
Most popular in Pakistan