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Aston Martin’s Production Targets Slashed, Short Sellers Pounce

Aston Martin's Production Targets Slashed, Short Sellers Pounce

Short sellers are circling Aston Martin after the iconic marque issued a profit warning last month and said it would produce around 1,000 less cars this year. Marshall Wace, the hedge fund owned by GB News baron Paul Marshall, took out a net short position of 0.83 per cent of the company’s shares the day the warning was issued, while investment manager Qube Research and Technologies took out a short position of 0.9 per cent this morning, according to new data published by the Financial Conduct Authority. The data also shows a 0.52 per cent…

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