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Wirecard short-sellers loaded up on bearish bets even after the stock tumbled in mid-June

Hedge Funds

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Wirecard shorts continue to rake in profits.

Short positions against Wirecard have made over $3.2bn in paper profits in 2020 as of 26 June, profiting on the fate of the German fintech company even after the company notified investors that more than $2bn was missing from company accounts.

Hedge funds keep piling into Wirecard shorts as returns soar to $3.2bn

Coatue, Marshall Wace among firms piling into Wirecard shorts as returns soar to $3.2bn

Wirecard short sellers loaded up on bearish bets even after the stock tumbled in mid-June

Tom Teodorczuk

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

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