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This Is the Most Shorted Stock in the World — and Hedge Funds Love It
Surging Chinese internet giant Alibaba has gained traction with hedge fund managers this year, but a new report shows it's the most widely shorted stock in the world.
Alibaba's office in Beijing, China (photo credit: Nelson Ching/Bloomberg News) Alibaba Group Holding has become the new favorite among the hedge fund set. In the quarter ending in June, it was the tenth-most-widely held hedge fund stock, with 110 different investors, up from 96 in the first quarter, according to a
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