Muddy Waters just put a $6.7 million short trade on Solutions 30 — and the French IT firm's shares are tanking more than 22%

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Muddy Waters just put a $6.7 million short trade on Solutions 30 — and the French IT firm's shares are tanking more than 22%
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An EU regulatory filing spotted by Breakout Point shows Carson Block's hedge fund has a short position of 0.5% of Solutions 30's stock.

Muddy Waters Capital is short French IT firm Solutions 30 in a trade worth about 6 million euros .

Muddy Waters, the bearish hedge fund founded by short seller Carson Block, is shorting Solutions 30 in a trade worth about 6 million euros . The trade is unusual because Muddy Waters is an activist short seller, meaning the fund usually publishes critical research of companies in tandem with shorting the shares. As of yet there is no research report about Solutions 30 on the hedge fund's website.

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