Short sellers returned an estimated 30.8% last year compared to the S&P 500's loss of 19.4%.

However, in the past 5 years, it still paid to be long.

S&P 500 5-Yr. Return: 9.3%
Short Sellers 5-Yr Return: -4.4%

![Image upload](https://cdn.commonstock.com/ffa0bf1f393f0e60c4157ccf5f225f90da6cbc4346b1749ce2284aff5da93740-1766x964.png)

[https://www.cnbc.com/2023/01/05/traders-who-bet-against-stocks-made-a-killing-in-2022-as-short-sellers-netted-300-billion.html](https://www.cnbc.com/2023/01/05/traders-who-bet-against-stocks-made-a-killing-in-2022-as-short-sellers-netted-300-billion.html)

"It always pays to be long"


![Image upload](https://cdn.commonstock.com/e5a675f8f0a45e0080fd14ac8a48d08e25357e7b8a9b13a4eea325a17b8f8084-346x480.gif)

Undefined

Short holdings had a return of 30.8% in 2022 as the market slid.

https://www.cnbc.com/2023/01/05/traders-who-bet-against-stocks-made-a-killing-in-2022-as-short-sellers-netted-300-billion.html

Traders who bet against stocks made a killing in 2022, as short sellers netted $300 billion

2022: The Year of the Short Seller

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