Greenlight’s Complicated History With Short Selling

The strategy that initially put David Einhorn on the hedge fund map has become a major source of losses for the firm.

David Einhorn (Michael Nagle/Bloomberg)

David Einhorn

(Michael Nagle/Bloomberg)

Greenlight Capital was another victim of the Reddit-fueled assault on widely shorted stocks earlier this year.

In its latest client letter, the long-short fund firm headed by David Einhorn said its first quarter performance was hurt, in part, in late January when investors targeted certain companies with large short interest.

“Despite

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