Has anyone noticed large percentages of institutional investors selling out of positions and why it’s happening? It seems like every company I look at there has been large swings of 50%-90% of institutions selling out of positions. Is this signaling a bearish turn in the market? Is it strictly sector based? But it’s making me slightly skeptical of what’s to come and I don’t normally get flustered by potential market shifts.
A couple examples I’ve seen today:
$VST - institutions cut positions by 92.72% this last month
$HIMS - cut positions by 85.6%
$ABCB - cut positions by 96.40%
Name almost any other ticker and you’ll see similar results.
Maybe I’m just not reading this correctly but something seems off to me. Anyone else seeing something similar?