Despite being in the sixth year of a bull market, short selling remains a tactic used by funds in the Athens Stock Exchange, betting on the decline of certain stocks. The article references a recent case involving Bally's Intralot and its shorted stock by Qube Research & Technologies, demonstrating that funds are still engaging in this strategy despite overall market gains. The rise in popularity of short selling in Greece is notably linked to scandals such as those involving Folli-Follie and Quintessential Capital Management, which exposed major corporate frauds.

In recent years, the climate for the economy and businesses has improved significantly, resulting in a substantial decrease in short positions held by foreign investors. However, these positions still attract considerable attention from the investment community, indicating a divide in the market where not all investors share the same optimism. The article illustrates how since 2021, amid rising returns and skyrocketing valuations, there has been a sustained interest in negative bets, suggesting a mix of caution and skepticism regarding the sustainability of current market highs.

This ongoing dynamic between bullish sentiment and short selling reveals the complexity of the current investment landscape in Greece. While many investors are riding the wave of profitability, others remain vigilant, ready to capitalize on potential downturns, which could trigger further scrutiny of certain stocks and market practices. The presence of both strategies hints at an evolving market where traditional approaches to investing are being challenged by ongoing economic shifts and investor psychology.