QCM and Marshall Wace now hold a combined 1.76% short position on the cybersecurity firm

Hedge Funds

Trading Correspondent

Darktrace has lost nearly 50% of its value in the past year, with some shorts thinking it will slide further

https://images.fnlondon.com/im-713066/?width=1280&height=853

Activist investor Quintessential Capital Management has become the latest hedge fund to take out a short position against cybersecurity firm Darktrace.

According to data from analytics firm Breakout Point, the New York based hedge fund held a 0.86% short position on the London listed firm after the close of trading on 27 January.

Hedge funds take short positions against Darktrace

Jeremy Chan

Darktrace

Adani Group

Investing

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