Bridgewater increases the 'short' bet on Santander to 0.6%

MADRID, 6 Oct. (EUROPA PRESS) -

The 'hedge fund' Bridgewater Associates has increased the 'short' bet on Banco Santander, raising its position from 0.590% to 0.610%, according to notifications sent to the National Securities Market Commission (CNMV).

This is the only fund with a significant short position in the entity. However, it remains far from the maximum level reported in March 2020, when a position of 0.890% emerged.

At 10:45 a.m., Santander shares were trading down 0.49%, to a price of 2.562 euros per share.

Bridgewater also has a 'short' bet open on BBVA, in this case, of 0.500%, a level that has not changed since last August 31.

Less than a week ago, the Marshall Wace fund reported a short position of 0.5% in CaixaBank, while Citadel Advisors Europe has maintained a short position of 0.510% in Sabadell since last September 6.