US hedge fund firm Point72 Asset Management is the latest player to take a short position against UK investment platform Hargreaves Lansdown, following a testing 2023 for the company.
Point72 is headed by Steve Cohen, which, alongside European division Point72 Europe (London), took a net short position against HL, at 0.5% and 0.66%, respectively, according to the Financial Conduct Authority's latest daily short data. Point72 AM opened its position on 13 December 2023, with the European group following suit two days later. Woodford investors urged to join lawsuit against Hargreaves Lansdown According to the FCA data, there are currently seven active short positions against HL, including one from BlackRock Asset Management. Hargreaves Lansdo...
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