Hedge Funds Up Shorts In Kone Corp, Monte Paschi In August

20Sep2013September 20, 2013

Hedge Funds Up Shorts In Kone Corp, Monte Paschi In August

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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