A trade once nicknamed the “widow maker” by analysts at JP Morgan seems to be back in vogue with hedge funds this year. According to research from Ihor Dusaniwsky, Head of Research, S3 Partners, an independent Financial analytics firm, hedge funds’ short interest in Australian banks ticked higher last month as managers continued to speculate that Australia’s housing boom is coming to an end. Hedge Funds Double Down On “Widow Maker” Trade Four of the top seven most shorted stocks in Australia last week were banking stocks. Short interest in Commonwealth Bank of Australia, National Australia Bank, Australia & New…
Hedge Funds Double Down On “Widow Maker” Trade
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk