Hanergy Thin Film
02Jul

Guggenheim ETF Offloads Hanergy In OTC Sale

Guggenheim Solar exchange-traded fund dumped its entire stake in Hanergy Thin Film Power Group, despite the group’s shares not having traded in six weeks.

The formerly high-flying stock has remained frozen out of trading since the company lost $19 billion in market cap on a single day last month.


Guggenheim sold in “the best interest of ETF shareholders”
Guggenheim, which operates three exchange traded funds that included HTF,

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Author

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

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