[Bank of America Traders: Hedge Funds Reinstate Short Bets on Interest Rate-Sensitive Stocks] According to Jinse Finance, on November 13th, Bank of America's trading department indicated that hedge funds are re-betting on a decline in stocks most sensitive to interest rate changes. Previously, these funds had been forced to withdraw such bets during the recent market rebound. Traders stated that this reversal of trend may mark the beginning of a new phase in the short-selling cycle. Data from Bank of America traders shows that as of 1:40 PM New York time on Thursday, small-cap stocks with predominantly short positions were down an average of 2.47%. Meanwhile, as of 2:43 PM, the Russell 2000 index was down 1.4%. John Egan, head of global short-selling analytics and tactical solutions at Bank of America, stated, "The poor performance of stocks with predominantly short positions is conducive to short-selling."