Cooper Creek Partners returned 1.2% for the second quarter, which marked the fund's 16th straight positive quarter. Year to date, Cooper Creek is up 4.7% with an average net exposure of -0.5%. During the second quarter, the fund averaged a net exposure of -0.9%. Since its inception in November 2008, Cooper Creek has enjoyed a compound annual return of 11.4%.
Longs Dominate Q2 Despite Shorts Winning April And May
In June, the fund's long positions returned 9.9%, while its short positions lost 11.2%, resulting in a 1.3% loss for the month after a 3% gain in May and a decline...