Definitions for short covering
short cov·er·ing

Princeton's WordNetRate this definition:0.0 / 0 votes

1. short coveringnoun

   the purchase of securities or commodities by a short seller to close out a short sale

ChatGPTRate this definition:0.0 / 0 votes

1. short covering

   Short covering, also known as buying to cover, refers to the act of purchasing securities to close out an open short position. It involves buying back the same security that was initially sold short, in order to return the borrowed securities to the lender and close the short position. It is typically initiated when the price of a shorted security increases significantly and the short seller wants to prevent further losses. Overall, it refers to the act of mitigating losses when the price of a shorted asset increases.

Matched Categories

1. • Trading

How to pronounce short covering?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say short covering in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of short covering in Chaldean Numerology is: 8

2. Pythagorean Numerology

   The numerical value of short covering in Pythagorean Numerology is: 2

Examples of short covering in a Sentence

1. Junichi Ishikawa:

   There is little reason to buy commodity currencies like the Aussie right now, and its gains were fuelled mostly by short covering, the only short-term lift the Aussie, kiwi and the Canadian dollar could receive are from participants shifting around their positions ahead of Friday's U.S. jobs data.

2. Ben Kwong:

   The market has been oversold after the recent selloff, and local investors calm down a bit in view of a relatively stable mainland markets so far this morning with short covering giving support, on the Greece crisis, people are expecting that there will be an agreement, while China's inflation data also gave support to a rebound in the market.

3. Nicholas Snowdon:

   Aluminium tops the list in terms of potential and much needed production cuts in the Western world. Also in the zinc market, we're seeing zinc mine production growing at the fastest pace in several years, given the positioning in base metals, which have swung firmly to short side, if you do see some significant production cut announcements, that could be a trigger for some short covering.

4. Chris Weston:

   We're probably seeing a bit of a dead cat bounce in these banks today because the trend is still down, there may be a few brave souls looking to dip back in but the volumes are not particularly exciting. You're probably seeing some short covering from the offshore players as well.

5. Tamas Varga:

   We have some technical buying and pre-weekend short-covering.