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Abrdn becomes UK’s most shorted company
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Abrdn, the Edinburgh-headquartered fund management group, has become the UK's most shorted company, as hedge funds including Point72 and Citadel continue to bet on a falling share price.
Big name investors are now shorting 6.2% of Abrdn's stock, according to Short Tracker, a website that tracks the Financial Conduct Authority's daily short positions report.
The...
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