Hedge Funds
Hedge fund short sellers continue to target embattled energy services provider Petrofac Submitted By Hugh Leask | 27/04/2021 - 3:28pm Hedge fund short sellers continue to target global oilfield services provider Petrofac, which has suffered a USD180 million annual loss and falling revenues amid an ongoing fraud investigation. BlackRock Investment Management has a net short position of 1.28 per cent, while CapeView Capital, Engadine Partners, and WorldQuant also registered negative wagers against London-listed Petrofac in the past week, FCA disclosures show.

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