Hedge Fund News From HedgeCo.Net

Short-sellers increase bets against Wirecard as hedge funds eye bigger pay-off from crisis-hit company’s demise

(Hedgeweek) Hedge funds are holding off from closing their short positions in crisis-hit e-payments firm Wirecard AG – with some even increasing their bets – in expectation that its share price will tumble yet again, boosting short sellers’ returns even further.

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