Hedge Funds

Hedge Funds Largely Ignore €1.6bn Payday To Hit Jackpot As Wirecard Begins Insolvency Proceedings

by mondovisione.com posted 8months ago 18 views
Peter Hillerberg, co-founder of Ortex, comments: “In a week when the share price dropped by over 90% and the CEO was arrested, it would have been easy for hedge funds to take a profit and run. However, our data shows that the vast majority of short sellers have been holding their positions, and in some cases increasing them, in anticipation of a further reduction in the share price. It looks like their patience will pay off.”

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