On Wednesday, South Korean stocks plunged, with nearly 2 trillion Korean won worth of stocks being shorted, the highest level in over two years.

According to data released by the South Korean stock exchange on Thursday, a total of 1.97 trillion Korean won worth of stocks were shorted in the massive drop of the South Korean stock market on Wednesday. This is the highest value since the sale of battery stocks on the KOSDAQ market on July 26, 2023, when the short selling volume reached 2.4 trillion Korean won.