Einhorn Up In Short Outotec, Others Lose In Alcatel Lucent

David Einhorn's Greenlight Capital is sitting on some great returns from one of its short bets in Europe. The hedge fund holds a 1.64% short against Outotec Oyj (HEL:OTE1V) which amounted to $41 million at the end of September and is now valued at $29.4 million.

Short interest in Outotec Oyj (HEL:OTE1V), a Finland-based company which provides processing solutions to the mineral and mining industry is up to 8.5% of outstanding shares. Other than Greenlight, Maverick Capital, Carlson Capital, Dialectic Capital and Marshall Wace have also bet against Outotec.

Einhorn wins on Outotec

Research from Novus Partners shows that Outotec was one of...