Oct. 7 () –
The Bridgewater Associates fund has reduced the ‘short’ pressure on Santander to 0.580%, one day after raising it to 0.610%, according to the records of the National Securities Market Commission (CNMV) consulted by Europa Press.
In this way, the ‘hedge fund’ has lowered its short position to a minimum of last June, when it reported a representation of 0.520%.
This is the only fund with a significant short position in the entity. However, it remains far from the maximum level reported in March 2020, when a position of 0.890% emerged.
At 10:35 a.m., Santander shares were trading down 0.96%, to a price of 2.526 euros per share.
Bridgewater also has a ‘short’ bet open on BBVA, in this case, 0.500%, a level that has not changed since last August 31.
Less than a week ago, the Marshall Wace fund reported a short position of 0.5% in CaixaBank, while Citadel Advisors Europe has maintained a short position of 0.510% in Sabadell since last September 6.
