RE: RE: Record bet against Lloyds shares.....29 Aug 2020 13:25
Stagecoach
“ Undoubtedly a phycological blow to Lloyds.
Investors will have to wait and see how this story unfolds and if other Hedge Funds and Institutional investors follow suit and short position the share price.”
Have a look through the reams of companies who have have hedge funds taking short positions. Marks and Spencer’s, Tui, Royal Mail, Sainsbury’s to name just a few.
0.51% is no big deal and that position may have been built over a long period of time and they have not added to it in the last fortnight. Can’t really understand the big excitement to be honest.