US hedge fund adjusts its short position in NKT

US hedge fund Worldquant scales down its bet on NKT's decreased share price.
RITZAU FINANS

US hedge fund Worldquant has scaled down its short position wager that Danish energy investor and industrial holding firm NKT's equity share price would decline. Worldquant now has a short position at 1.21 percent of NKT shares. The hedge fund previously held a short position at 1.36 percent, according to the Danish Financial Supervisory Authority.

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