Monitise Plc Now Second Most Shorted Stock In U.K

Short interest in Monitise Plc has surged since our last report on the online banking company. The London-based retailer has been the recipient of constant attention from shortsellers. According to positions disclosed to the FCA, short interest in Monitise Plc is now up from 3.7% at the end of June to 8.6%. This makes Monitise Plc (LON:MONI) (OTCMKTS:MONIF)  the second most-shorted company in the U.K. after WH Smith Plc (LON:SMWH).

Tiger Cubs bets against Leon Cooperman's big long in Monitise Plc

Among the shortsellers are Coatue Management, Jeicho Capital, TT International, Oxford Asset Management and Marshall Wace. These funds are betting against Leon Cooperman's...