Deutsche Pfandbriefbank’s (pbb) involvement in the troubled US office real estate market is attracting short sellers. According to official reports in the Federal Gazette, short selling positions, i.e. bets on falling stocks, accounted for at least 7.57 percent of the real estate financier’s tradable securities. In fact, the proportion of short positions, where investors typically borrow shares to sell, could be even higher. Only short sales with a volume of at least 0.5 percent of the share capital have to be reported. According to a report by the Handelsblatt There are currently as many bets against no other company from one of the major DAX stock market indices as against the company from Garching near Munich.
Betting on the Pfandbriefbank – Economy
