Today, Nate Anderson, founder of Hindenburg Research, announced the closure of the company. The reason was not given for the time being. Anderson emphasized that the closure of the company was "associated with joy".
Hindenburg Research was founded in 2017 and is a well-known short-selling
selling firm specializing in the detection of fraud. Hindenburg carried out due diligence and uncovered scandals, such as at Nikola $NKLA (-1,34 %) & Carvana $CVNA (+2,49 %) .
No detailed explanation was given about the reasons for the closure, but Anderson spoke of the "fulfillment of a goal" that was achieved with the closure.
My opinion:
By the way, my Austria report will unfortunately no longer be online as it is no longer up to date (I'm ill🤧)
Regarding Hindenburg: I am very sorry that Hindenburg is leaving the stage as a short seller. I really enjoyed reading her reports. A short seller institution is unfortunately leaving the stage. :(
