D.E. Shaw Bets Against Ferrari Maker Fiat, Lansdowne Shorts Adidas

D.E. Shaw disclosed a new short in Fiat SpA (BIT:F) (OTCMKTS:FIATY), the Italian auto brand that owns the Ferrari models. Earlier we broke news that Jim Chanos had a short position in the Italian car maker after he disclosed that he is bearish on some European auto companies. D.E. Shaw’s position is small, and the hedge fund is shorting 0.5% of Fiat. Lansdowne bets against Adidas Germany is seeing some activity, and by that I mean activity unrelated to a naked man dancing for hours in Angela Merkel’s private jet, beacause that one is gold. Two of Europe’s largest hedge funds have…