What is another word for short covering?
Synonyms for short covering
short cov·er·ing
This thesaurus page includes all potential synonyms, words with the same meaning and similar terms for the word short covering.
Princeton's WordNet
short coveringnoun
the purchase of securities or commodities by a short seller to close out a short sale
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How to use short covering in a sentence?
As long as management continues to execute, you will see another level of short-covering as we move through the year.
The weakness in the dollar seen due to the rate cut expectations and a lot of short-covering due to the sudden jump in prices are behind the sharp move, with this move, the target for gold investors has moved to $1,400 and the key is to sustain this momentum for this week. On the longer term, it is going to be difficult to stay above $1,400 as with better conditions for riskier assets due to rate cuts, investors might move to equities.
I think what we're seeing here is probably a bit of short-covering and bargain-hunting, just trading against the news, even though the results were disappointing, the stocks had been pretty solidly hammered already. I suspect there was already substantial disappointment already priced in.
I'm not seeing a lot of direction for the market, there is some short-covering on wheat and soy ahead of the USDA report.
If the Fed came out rather dovish, delayed any potential rate hikes, etc, that would lead to something of a rally. So I think it's just short-covering ahead of the Fed.
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"short covering." Synonyms.com. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.synonyms.com/synonym/short+covering>.
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