NOUN
- the purchase of securities or commodities by a short seller to close out a short sale
How To Use short covering In A Sentence
- Even the announcements of the currency repatriations can trigger short covering rallies.
- Price rise only superficial or temporary mainly attributable to short covering also partly speculative purchases.
- I was wearing a short covering of some kind that covered my chest and lower body.
- Some short covering after pair managed to regain the 87.20 level prompted a recovery in the cross, that reached 87.60 zone before retreating slightly back; hourly indicators are heading back south, as well as 4 hours ones, suggesting the upside will remain limited; to the downside, a short term ascendant trend line will be key as only a break under 86.70/80 support area should confirm a new leg down in the cross FXstreet.com
- Citigroup strategists said they see little relative value in five-year Spanish bonds on either an intra- or inter-market basis, but expect the auction to benefit from continued short covering and the usual domestic sponsorship. As Portugal Sells Debt, Spanish Test Awaits