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Citron Research, short seller caught up in GameStop, is pivoting

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Andrew Left, founder and CEO of Citron Research

Adam Jeffery | CNBC

Citron Research, which was forced to close out its short position in GameStop amid a frenzy in retail buying, said Friday it will no longer publish short reports and instead will focus on long positions.

“After 20 years of publishing Citron will no longer publish ‘short reports’,” the firm said in a tweet. “We will focus on giving long side multibagger opportunities for individual investors.”

Short seller and Citron Research founder Andrew Left said earlier this week that after speculative retail traders drove up GameStop’s stock, he covered the majority of his short position in the video game retailer at a loss. He…



Source cnbc.com

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