Investing
Man Group takes short bet against Uniphar
Uniphar’s share price has fallen from its high of nearly €5 at the start of 2022 to its current price of around €3.30
GLG Partners, the London hedge fund controlled by the Man Group, has taken a short bet against Uniphar, the Irish listed healthcare group.
Stock market filings show that the company has taken short position against 0.63 per cent of Uniphar’s shares, which is worth around €5.6 million.
A short trade is a risky transaction in which traders borrow shares from a broker and sell them on the open market, betting that the price will fall ...
