An October surge in U.S. equity markets ensured a miserable
month for short-sellers who found few places to hide. Dedicated
short-biased funds, on the whole, lost more than 7% in October,
leaving many with a cumulative performance of -25% or worse for
the year. October's short-selling carnage was largely the
result of previously beat-up names going ballistic, running
well ahead of indices that jumped by...