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Discovery Capital Shorts Banco Sabadell In Spain

Tiger cub Robert Citrone's Discovery Capital initiated a new short position in Banco Sabadell SA (MCE:SAB) (PINK:BNDSY). Boston based Wellington Management Company also opened a short in Banco Sabadell. Both funds are holding the same number of shares short which roughly amount to $30 million each at 0.5 percent of outstanding shares. Banco Sabadell, one of Spain's largest banks, has a chunk . . .

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