Hedge Funds Up Shorts In Kone Corp, Monte Paschi In AugustVW Staff
Hedge funds are trading in and out of Koninklijke KPN N.V. (OTCMKTS:KKPNY) (AMS:KPN), the Netherlands-based telecommunication and IT company, reports JPM Prime Brokerage hedge fund trend monitor. The interest in Koninklijke KPN spiked after America Movil SAB de CV (NYSE:AMX) (NASDAQ:AMOV) bid $9.6 billion to buy the company. America Movil already has control over approximately 30 percent of KPN's outstanding . . .
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