Hedge funds have made $1.25 billion by betting against the shares of Danish company Amnu's top shorts, according to a report from Bloomberg.
Hedge funds have made $1.25 billion by betting against the shares of Danish company Ambu's top shorts, according to a report from Bloomberg.
Analysis on Ambu's short interest and share price by S3 Partners shows that shares fell 70% across the past year.
S3 adds that investors may increase their positions that stand to gain more from Ambu's drop in shares.
Hedge fund-style total return swaps raise new risks for sovereign bondholders
Governments including Senegal, Angola and Nigeria are increasingly using total return swaps (TRS) to raise funding from banks, but the…
More
Jain Global adds two senior equity PMs in London
Jain Global has strengthened its London equities operation with the appointment of two senior portfolio managers, continuing to build out…
More
Bridgewater calls for AI tax and public ownership to spread benefits of tech boom
Bridgewater Associates is calling for policymakers to take action to ensure the economic benefits of artificial intelligence are shared…
More