Short-sellers often guard their theses carefully, but sometimes ideas are shared more widely, like at last month's NYC 2019 Shorts Conference. ValueWalk was able to review some of the slides from the conference, and one of the companies that was discussed was UPS.
Q1 hedge fund letters, conference, scoops etc
We heard a while back that David Einhorn-backed Firefly may have been betting against UPS, but we were not able to confirm that the less-than-truckload company the firm described was indeed UPS.
Concerns for UPS
VisionResearch presented its short thesis for UPS, including a number of concerns about the business....
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