The healthcare sector went on a tear beginning in 2011, thanks in large part to the passage of the Affordable Care Act and its impending implementat
Thursday, 19 January 2017
Last updated 45 min ago
Jan 18 2011 | 3:03pm ET
D.E. Shaw Group doesn't think much of the economic recovery, at least when it comes to Barclays.
The New York-based hedge fund giant has built up a big short position in the British bank, it disclosed. The 0.26% short bet is currently worth about £100 million, The Telegraph reports.
Barclays shares lost 5.4% last year but are up an impressive 17.5% this year.