Hedge funds up short positions against Woodford Patient Capital
Share price hit
Neil Woodford of Woodford Investment Management
Woodford Patient Capital (WPCT) is currently the most shorted investment trust in the FTSE 350, after hedge funds upped their bets against the closed-end vehicle run by beleaguered stockpicker Neil Woodford.
With faith in the fund manager having taken a hit since the open-ended Equity Income was suspended last week, WPCT's share price has plummeted, touching 59p on Monday. Having closed at 76.5p this time...
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