#short selling

UAE’s First Abu Dhabi Bank sells 2.5 million shares held by NMC’s BR Shetty

Almost 4.8 million shares which belonged to Shetty were held in a nominee account in Falcon Private Bank which were then transferred to First Abu Dhabi Bank on February 5

How Muddy Waters is hammering Indian billionaire’s BR Shetty’s NMC

The London-listed company’s share price has fallen 24 per cent this year to 13.48 pounds