Odey shorts Manchester Utd as hedge funds line up for Blinkx

Michael Bow
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HEDGE fund guru Crispin Odey is shorting stocks in Manchester United, while other funds are betting against London listed Blinkx, regulatory data shows.

Odey Asset Management disclosed a $5m short position in the club to the Financial Conduct Authority last week. Wall Street investor Luxor Group also disclosed a 1.85 per cent short position in Blinkx while German firm Blau also revealed a 0.8 per cent short. Blinkx raised £39m last week, which may have added to shorting interest.