Muddy Waters defies German market authorities

On the 10.18.19 at 7:17AM


Olivier Pinaud

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.

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