Hedge Funds
Hedge fund short sellers seize on Capita’s woes as UK outsourcer’s stock falls further Submitted By Hugh Leask | 02/09/2020 - 12:27pm Hedge fund short sellers look set to gain from bets against London-headquartered Capita after the embattled global outsourcing and professional services provider’s stock price slipped again following recent poor first half results. Capita suffered a GBP28.5 million (USD38 million) loss during the first six months of 2020, and warned of a two-year cash flow squeeze as a result of the coronavirus crisis in its H1 statement last month.

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