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Hedge Funds Made $1.25 Billion Profit on Europe's Top Short Ambu.

Authors :
Wienberg, Christian
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]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
156840706