(Bloomberg) When consumers the world over started chasing Pokemon characters this summer, driving up shares of Nintendo, hedge funds were quick to hunt down short-selling opportunities. Those who timed it right were handsomely rewarded with a 26 percent drop in the stock over two weeks, more than enough to justify their two and 20. Now that Nintendo has rallied as much as 27 percent since its Nov. 9 intraday low, the shorts don’t seem so eager to bet against it.