Shorting Now Too Risky for Some Top Hedge Fund Managers

Some big-name hedge fund managers who made out shorting stocks last year now see major short positions as too risky, and are tilting their portfolios mostly — or completely — to the long side, Reuters reports. “Some hedge funds have already changed tactics and are simply buying cheap stocks, wary of getting burned if a stock they are shorting announces unexpectedly good earnings and the share price spikes — a real possibility in an improving… Read More