Traders betting against Chipotle are making millions as avocado prices surge

With Chipotle's bottom line under pressure from surging avocado prices, there's at least one group laughing all the way to the bank: short sellers.
They've made $467 million betting against the Mexican fast-casual chain so far in the third quarter, according to data compiled by financial-analytics firm S3 Partners.
Bearish Chipotle speculators have loaded up on short positions since the start of July as avocado prices have taken off, soaring 75% over the period since then.
Avocados have an outsi