This Top Shortselling Hedge Fund Was Helped By Crypto Arbitrage, Hurt By Tesla ShortMichelle Jones
Aristides Fund LP was up 1.03% for June, while Aristides Fund QP was up 1.01%. So far this year, the two funds are up 5.11% and 5.22%, respectively. The fund's cryptocurrency arbitrage position performed well in June after a difficult May, while its shorts collectively took a significant bite out of its returns for the month. Tesla and Tilray especially hurt Aristides' short portfolio after both positions put up strong returns for May.
On Tesla and Tilray
In his July 3 letter to investors
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