Short-sellers continue to profit off their positions in Tesla, although one fund is bemoaning its missed opportunity after trimming the position in May. Aristides Fund LP was down 1.05% in May, while Aristides Fund QP, LP declined 0.95%. Year to date, Aristides Fund LP is up 4.01%, while the QP, LP fund gained 4.17%. The fund had a record $130.9 million in assets under management as of the beginning of this month. Q1 hedge fund letters, conference, scoops etc Trimming their Tesla short In his June 3 letter to investors, which was reviewed by ValueWalk, Managing Member Christopher Brown said…
Tesla Short Continues To Win Thanks To “Completely Oblivious” People
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.