Hindenburg claims it hardly made money by shorting Adani stocks & bonds

US-based short seller Hindenburg Research today admitted making $4.1 million revenue through gains made by shorting of Adani securities by its client but said it will hardly break even considering the costs of producing the research. “We have made ~$4.1 million in gross revenue through gains related to Adani shorts from that investor relationship,” Hindenburg … Read more