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Finwire

Millennium no longer a public short seller in Norwegian Air Shuttle

Millennium International Management has reduced its short position in the Norwegian airline Norwegian Air Shuttle to below 0.5 percent of the share capital. As a result, the firm is no longer a public short seller in the company.

There are two public short sellers in the company. In total, 1.12 percent of the share capital is shorted in the company.

Millennium is a US hedge fund manager with a global multi-strategy focus.

Norway’s Financial Supervisory Authority requires positions above 0.1 percent to be reported, and short positions above 0.5 percent to be made public.

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