Bets against stocks mount even as the market rallies from the worst point of the coronavirus crisis

Bets against the stock market have surged over the past month even as equities surge from their late-March lows.

Flows into leveraged bear stock mutual and exchange-traded funds saw four consecutive weekly inflows between the weeks of March 25 and April 15, data compiled by EPFR shows. These funds are designed to give investors and traders short exposure to the broader stock market. In other words, they make money when the market falls. 

Source: cnbc.com