Tiger Cub Bets Against Leon Cooperman's Long In Monitise

Short interest in the U.K.-based Monitise Plc (LON:MONI) (OTCMKTS:MONIF), a mobile payment solutions company, has risen significantly over the past few weeks. According to short positions disclosed to the FCA, 3.6% of Monitise’ shares are out on loan. The short interest is likely higher than this as only positions above 0.5% must be disclosed to the regulatory authority. While the bearish interest is not overly large, it is worth mentioning because the bulk of it was accumulated over the past few weeks, with the short interest rising from 0.7% at the beginning of May to 3.6% as of today.   Laffont’s Coatue…