Between Aug 2-8, hedge funds increased bearish bets on Japanese stocks at the fastest pace in five years.

Between Aug 2-8, hedge funds increased bearish bets on Japanese stocks at the fastest pace in over five years, amid the Nikkei's worst day since 1987's Black Monday. Goldman Sachs reported equity long/short hedge funds added 1.7 shorts for each long position sold, resulting in a decrease in net exposure to Japanese equities. This bearish trend also influenced global equity hedge funds to remain bearish and add more short positions for the fourth consecutive week.