short covering

noun

, Finance.

1. purchases that close out short sales on stocks or commodities.

short covering

noun

1. the purchase of securities or commodities by a short seller to meet delivery requirements
2. the securities or commodities purchased

Example Sentences

Most of the stock buying on U.S. regional banks comprised of hedge funds buying back stock that was borrowed for the purpose of short bets, or so-called short covering, Goldman said.

From Reuters

Such short covering could, in turn, give fuel to the equity rally, further complicating the picture for remaining short-sellers.

From Reuters

"Even with significant short covering in NVDA, it is the fourth most shorted stock in the U.S.," he noted.

From Reuters

He said that based on his interactions with market participants, most of the short covering came from high frequency trading hedge funds.

From Reuters

JPMorgan also said in a daily note to clients that communication services and information technology stocks had led the short covering in its books on Thursday.

From Reuters