Greenlight Rebounds in July

Shorts and macro bets are playing outsized roles this year at David Einhorn’s value-driven firm.

David Einhorn (Kholood Eid/Bloomberg)

David Einhorn

(Kholood Eid/Bloomberg)

David Einhorn’s Greenlight Capital got off to a strong start in the third quarter.

The value-driven hedge fund firm posted a 2.7 percent gain in July, cutting its loss for the year to just 0.4 percent.

Of course, while it beat the S&P 500’s July gain of 2.3

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