BMW boss Oliver Zipse
The carmaker can look back on a successful first half of the year.
(Photo: Reuters)
Among the German car manufacturers, BMW is currently doing best on the stock exchange. Since the beginning of the year, the share has been up almost 30 percent – that of Mercedes-Benz only 15 percent, and that of VW just over one percent. Nevertheless, the first short position in four years has now been published.
The hedge fund Viking Global Investors has “shorted” 0.5 percent of freely tradable BMW shares. This means that if the stock price falls, this position will increase in value. The short position already hit the reportable 0.5 percent threshold last week but has only just been published in the Federal Gazette, data analysis firm Breakout Point has observed.
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