short covering


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short covering

n.
The buying of securities, stocks, or commodities in order to close out a short sale.

short covering

n
1. (Stock Exchange) the purchase of securities or commodities by a short seller to meet delivery requirements
2. (Stock Exchange) the securities or commodities purchased
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.short covering - the purchase of securities or commodities by a short seller to close out a short sale
trading - buying or selling securities or commodities
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References in periodicals archive ?
Summary: Premiums for gold bars rose to their highest level since at least seven years in Hong Kong on tight supply, short covering ahead of the Lunar New Year and unrest in Egypt, dealers said.
Short covering may soon come into play, as the sellers pocket profits from today and close their positions.
It seems likely that part of the current buying frenzy could have been caused by short sellers covering their positions, but I suspect the short covering could be over; remember that FNET is a small company, and the volume of stock traded during the past few days is certainly enough to cover all of those short-sold stocks several times over.