As the FBI and Federal Trade Commission pile on the Herbalife Ltd. (NYSE:HLF) investigation with the New York and Illinois Attorneys General offices, and Herbalife stock witnesses growing short interest, another lawyer announced investigation into potential investor claims that Herbalife violated Federal securities laws. Short stock interest increase In March, shares of Herbalife Ltd. (NYSE:HLF) were subject to short interest growth of 13.4%, totaling 25,013,446 shares betting the stock will head lower. This stands in contrast to short interest of 22,058,820 according to Analyst Ratings.net reports. The short interest comes as a number of firms recently downgraded their ratings, as reported…
Short Interest In Herbalife Ltd. Grows As Troubles Mount
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
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