Worst stocks win awards in hedge fund ‘short’ contest

CNBC – Move over, Bill Ackman. It’s time to reveal some of the hedge fund community’s best short ideas from investors who normally stay out of the spotlight.

The results are in for the FactSet Top Idea Tournament Best Short contest, run by SumZero, a community for analysts at hedge funds, mutual funds and private equity funds. The contest, which was open to the 10,500 members of the SumZero community, accepted short pitches on virtually any stock with a market capitalization of $500 million or more. The contest is the second in a four-part series that includes $160,000 in cash prizes.

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