Muddy Waters defies German market authorities
On the 10.18.19 at 7:17AM
The fund has taken a short position on Corestate to protest against action taken regularly against short-sellers in Germany.
Corestate is serving as a sacrificial victim. In a market notice released yesterday, Muddy Waters revealed it had set up a short position covering 0.5% of the shares of the German real-estate and services group.