Reddit traders have scared away many short sellers following massive squeezes in meme stocks, new data suggests

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Short sellers have shrunk their positions in heavily shorted stocks by 80% since January.
Short-seller losses in that period were largely limited to meme stocks over the same period, Barclays said.Traders wagering on meme stocks to fail have been "burned very badly" amid the frenzy, said strategist Matt Maley.
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