One way hedge funds make money is by betting against stocks that they see running into trouble.
To get a sense of some likely targets of those funds, Goldman Sachs puts together a quarterly Very Important Short Position list of S&P 500 stocks that are being heavily bet against, based on the dollar value of overall outstanding short interest on those stocks.
Here are the 17 stocks Goldman identified with at least $2 billion in short interest:
SEE ALSO: Every US state's most important international trading partners
17. Public Storage
Ticker: PSA
Subsector: Specialized REITs
Year-to-date total return: -2%
Value of short interest: $2.0 billion
16. General Electric
Ticker: GE
Subsector: Industrial Conglomerates
Year-to-date total return: -42%
Value of short interest: $2.0 billion
15. Costco
Ticker: COST
Subsector: Hypermarkets & Super Centers
Year-to-date total return: 12%
Value of short interest: $2.3 billion
See the rest of the story at Business Insider