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Bridgewater’s first major European short in two years is $12m bet against oil tanker firm Euronav
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Hedge fund Bridgewater disclosed its first major short position since the first quarter of 2020 — a position in Belgian crude oil tanker firm Euronav.
The short makes up about 0.5% of the oil tanker company's stock, making the bet worth about $12m at a $2.33bn market capitalisation, according to research firm Breakout Point, citing disclosures to European regulators.
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