Digital Security Leader Gemalto Under A Storm Of Shorts

After the market value of European short interest rose significantly in February, the region experienced a much quieter March. However, the period was rewarding for stock-pickers, says Novus, as their model value-weighted short portfolio returned 1.69% in the last month. Gemalto continues to be the largest short The France based manufacturer of secure digital solutions, Gemalto NV (EPA:GTO) (OTCMKTS:GTOMY), continues to be the top most shorted company across Europe. According to the European Short Observer from Novus, 12.5% of Gemalto’s shares are out on loan which amounts to a market value of $1.27 billion. Most of the managers who have bet against…