Short sellers have increased their positions in Moody’s, one of the biggest credit rating agencies, amid growing scrutiny of the sector by US lawmakers. This week, a series of Congressional hearings will consider whether the agencies require more regulation. Ahead of these hearings, investors increased their short positions in Moody’s, betting that its share price will fall further and making it one of the most heavily shorted stocks in the financial sector.

This entry was posted by Gwen Robinson on Tuesday, September 29th, 2009 at 4:53 and is filed under Capital markets. Tagged with Moodys. Edit this entry.