D.E. Shaw Bets Against Ferrari Maker Fiat, Lansdowne Shorts AdidasVW Staff
D.E. Shaw disclosed a new short in Fiat SpA (BIT:F) (OTCMKTS:FIATY), the Italian auto brand that owns the Ferrari models. Earlier we broke news that Jim Chanos had a short position in the Italian car maker after he disclosed that he is bearish on some European auto companies. D.E. Shaw's position is small, and the hedge fund is shorting 0.5% of Fiat.
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