Hedge Funds

Bearish Bets: Hedge Fund Short Sellers Stack Up Wagers Against Cineworld, Sainsbury’s And Petropavlovsk

by hedgeweek.com posted 2weeks ago 79 views
Bearish bets: Hedge fund short sellers stack up wagers against Cineworld, Sainsbury’s and Petropavlovsk Submitted By Hugh Leask | 14/07/2021 - 5:11pm Hedge funds are continuing to pile on bets against Cineworld, with the beleaguered global movie theatre chain – whose share price tumbled again this week – now the most-shorted, UK-listed stock. Around 7.5 per cent of Cineworld’s stock is held short by six investment managers, according to new analysis from New York-based ETP provider GraniteShares. New Holland Capital has taken the largest bearish bet, holding 2.42 per cent of the company’s shares.

In this article