Short Interest Grows in Alcatel Lucent SA (ALU)Mark Melin
European short positions disclosed by hedge fund managers outperformed an equivalent short on the general markets, generating solid alpha in June, according to the monthly Novus European Observer. Stanley Altshuller, co-founder and chief research officer at Novus, called this “ridiculous alpha,” as the hedge fund shorts outperformed the general market for the fifth month in a row.
Short positions in Banca Monte dei Paschi
One profitable position included Banca Monte dei Paschi di Siena SpA (BIT:BMPS) that was held short by . . .
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