Markets

Greenvale hedge fund holds net short position against Kerry Group worth almost €75 million

New market filings show that the London-based hedge fund holds a net short position against 0.46 per cent of the taste and nutrition giant’s shares

Edmond Scanlon, chief executive of Kerry Group, has said the company is making good strategic progress. Picture: Maura Hickey

Greenvale Capital, a London-based hedge fund with nearly £1 billion worth of assets under management, appears to have reduced its net short position against Kerry Group to just under €75 million.

New market filings lodged with the Central Bank of Ireland show Greenvale’s short position against shares in the taste and nutrition giant stands at 0.46 per cent - the previous update for the end of May showed a position of 0.5 per cent.

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