British hedge fund bets on Vestas price decline

During May, Marshall Wace has gradually increased its short position on the Danish turbine manufacturer's shares.

Photo: /ritzau/Carsten Ingemann

British hedge fund Marshall Wace has increased its investment on the prospect that the stocks of Danish wind turbine manufacturer Vestas will decline.

An announcement from the Financial authority shows that the fund now holds a short position of 1.03 percent of shares, against a previous 0.92 percent.

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