Situational Awareness Not Target of Predatory Shorts, S3 Says

The losses that forced hedge fund Situational Awareness to sell stocks at deep discounts appear to be the result of highly concentrated positions in crowded trades, rather than a concerted...

By Yiqin Shen · Bloomberg Markets

The losses that forced hedge fund Situational Awareness to sell stocks at deep discounts appear to be the result of highly concentrated positions in crowded trades, rather than a concerted effort by short-sellers, according to the founder of a company that analyzes short positioning data.