European Shorts

Two funds shorting Greek banks

2019-02-28

Since 2019 start two hedge funds (HFs) have been frequently increasing their bets against Greek banks.* Both these HFs have also historically been among the most active short sellers in Greece. Especially a lot of recent short selling focus was on Eurobank Ergasias. Oceanwood Capital increased their Eurobank Ergasias short nine times in 2019. Since mid-January, this short went from …

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European Shorts

Short Selling in UK 2018 IPOs

2019-02-16

Aston Martin and Amigo Holdings are among UK 2018 IPOs against which hedge funds (HFs) have opened significant short bets.* According to "IPO Watch Europe Annual Review 2018" by PwC, 82 IPOs took place in London in 2018 (ref. PwC). A subset of 38 UK IPOs, which is shown in Fig. 4 of …

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European Shorts

Bybrook's bets against EU debt collectors

2019-02-04

Bybrook Capital holds 4 shorts >0.5% ("big shorts") in EU. Each of four targeted companies belongs to debt collection and servicing industry, but is from a different country.* Such split of Bybrook's big shorts is consistent with views they publicly shared, including 'This is totally bonkers' presentation on the debt collection industry …

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