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Hedge Funds Made $1.25 Billion Profit on Europe's Top Short Ambu.
- Source :
- Bloomberg.com; 5/12/2022, pN.PAG-N.PAG, 1p
- Publication Year :
- 2022
-
Abstract
- S3 gives the firm a so-called Crowded Short score of 92.5 out of 100, the highest among companies in Europe's Stoxx 600, while it also has the region's highest short interest as a percentage of its free float, at about 34%, according to S3. (Bloomberg) -- Hedge funds have made a profit of about $1.25 billion on paper by betting against the shares of Danish medical equipment company Ambu A/S over the past year. [Extracted from the article]
- Subjects :
- SHORT selling (Securities)
HEDGE funds
STOCK prices
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 156840706