Hedge Funds

Hedge Fund Short Sellers Continue To Target Embattled Energy Services Provider Petrofac

by hedgeweek.com posted 4months ago 35 views
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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