COVID Delta fears unleash short sellers on these stock market sectors

COVID Delta fears unleash short sellers on these stock market sectors

COVID-19 Delta fears has unleashed the short sellers on the economically sensitive consumer discretionary sector. 

Short sellers held 4.57% of outstanding shares in the S&P 500 consumer discretionary sector at the end of July, according to new data from S&P Global Market Intelligence. Taking a short position in a stock is one's way of betting on a decline in price.