Half Moon Capital benefited from a big move in one small cap stock in Q3; Details New Short Jobs Act IPOMichelle Jones
Half Moon Capital Partners was up 7.1% net for the third quarter, compared to the S&P 500's 1.7% gain, the Russell 2000's 2.3% decline, and the HFR Hedge Fund Index's 1.3% decline. The fund's longs generated an 11.9% gross return, while its shorts were down 0.7% gross.
Most of the gains came from one position
In his third-quarter letter to investors, which was reviewed by ValueWalk, Eric DeLamarter said . . .
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