Hedge funds have been shorting more or less the same names for the past several months, but a few new companies have gathered accelerated interest from shortsellers over the past few weeks. Blinkx Plc (LON:BLNX), a relatively familiar name due to its advertising and video services offered on the web, has generated pessimism from some noted hedge funds.Total short interest in Blinkx Plc (LON:BLNX) rose to 6% in December, up from 2.4% at the end of November. The rising short interest in Blinkx comes at a time when shares of the tech company have gained 200% YTD. Shortsellers are clearly disagreeing…
New Hot Shorts In U.K. – Blinkx, Sage Group, Spirent
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.