Big bankers have retreated in a handful of large companies - Di
Last week, Di reported that several large short sellers had retreated in Wallenberg's price loser Husqvarna. One of them was the London-based hedge fund Qube Research & Technologies, QRT, which covered at least part of its short position, which previously amounted to 0.6 percent of the shares.
Now it turns out that the fund has done the same in several other Swedish companies. Since November 30, the value of the hedge fund's public short positions has decreased from SEK 9.4 billion to SEK 3.2 billion, according to the ownership data service Holdings. The hedge fund was previously the second largest short seller on the Nordic stock exchanges, measured by the value of the public positions, Di writes.
The hedge fund has disappeared as a public short seller, that is, the short position is lower than 0.5 percent, in the companies Nibe, Saab, Elekta, Fortnox, Securitas, Nordnet, Volvo Cars and Beijer Ref.
But the British big banker has not completely abandoned the Swedish companies. The largest is the hedge fund's short position in the research company Bioarctic, where the hedge fund has a short position of 1.89 percent of the capital. SBB, Viaplay and Embracer are among other doomsday favorites, Di writes.
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