December 27, 2017 / 7:07 AM / 2 months ago

Maverick Capital lowers short position in Pandora to below 0.5 pct

COPENHAGEN, Dec 27 (Reuters) - Pandora:

* Maverick Capital reduced its short position to below a 0.5 percent threshold from a previous position of 0.60 percent, a filing to Denmark’s FSA showed on Dec 26

* Maverick Capital now holds a short position of 535,503, the filing showed

* The stock has been highly volatile this year due to short bets by U.S. hedge funds

* Short-betters who still hold positions above 0.5 percent include AQR Capital Management and Coatue

Reporting by Stine Jacobsen

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