John Griffin's Blue Ridge Discloses New Short

Blue Ridge Capital, Tiger cub John Griffin's hedge fund, revealed a short position in Gemalto NV (EPA:GTO) yesterday. Gemalto NV (EPA:GTO) is a French manufacturer of microprocessor devices and it is basically involved in making secure identification solutions. The company has been the target of bearish bets from several famous investors, including Steve Mandel and Jim Chanos. Now John Griffin has jumped in with a bet of his own.  His fund is currently holding 1.13 percent of Gemalto's shares short, which would amount to $77 million. The position was taken on May 7th, and since then GTO was up 3.3 percent until yesterday's close. See all European short positions here.