Blackrock Advisors has reduced its short position in communications app Truecaller to below 0.5 percent of the capital. As a result, the entity is no longer a disclosed short seller in the company, according to the Swedish Financial Supervisory Authority’s short-selling register.
There are six disclosed short sellers in the company. In total, 9.72 percent of the capital is shorted in the company.
The Swedish Financial Supervisory Authority requires positions above 0.1 percent to be reported, and short positions above 0.5 percent to be made public.
