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Benzinga
Benzinga
Politics
Chris Katje

How This US Senator, Finance Committee Member Is Betting Against The Stock Market

A U.S. Senator who previously bet against the stock market in 2022 has placed a new bet with an ETF that shorts U.S. listed companies. Here are the details.

What Happened: Delaware Senator Thomas Carper bought up to $110,000 in Ranger Equity Bear Bear ETF (ARCA: $HDGE), an active ETF that shorts US listed stocks, according to Unusual Whales, a Twitter account that tracks unusual trades by Congress members.

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