Short sellers swarm one of pandemic’s hottest trades in Asia

MALAYSIA's medical glove makers, one of the hottest pandemic trades, have seen bearish bets surge since the Southeast Asian nation lifted a ban on the practice at the start of this year.

Since Malaysia’s decision took effect on Jan. 1, stocks worth 1.8 billion ringgit ($447 million) have been sold short, of which more than 90% were glove makers such as Top Glove Corp., according to data from Malaysia’s stock exchange compiled by Bloomberg.