Hedge Fund Shorts Soar In Euro Stocks As Firms Target ‘Fraud’, Mergers

Short interest in European stocks increased from $24,154,156,685 in March of 2013 to $30,430,490,302 in 2014, while profits on those European short positions disclosed by hedge fund managers outperformed an equivalent short on the general markets in April. according to the most recent research from Novus. Hedge fund shorts: Novus model portfolio down 1.19% vs 2.05% The Novus model value-weighted portfolio based on public short positions in Europe lost 1.19% compared to a loss of 2.05% for a short on the iShares S&P Europe 350 Index (ETF) (NYSEARCA:IEV), including dividends. Managers short frauds, says Altshuller “Managers are short potential frauds, and are making money…