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Leveraged ETFs bearish on stocks lure EUR 5.2 billion in April

Stock bears rushed into leveraged ETFs this month, with inflows heading toward a record.
BY CLAIRE BALLENTINE / BLOOMBERG

Exchange-traded funds that use leverage to short equities have lured EUR 5.2 billion (USD 5.6 billion) so far in April, according to data compiled by Bloomberg. The influx is already the biggest since at least 2013, and defies a surge in equities in the span.

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