New funds bet on decline of bricks-and-mortar chains

Hi all, what would this fund be doing to where it would lose a lot of money if the index does not even move…

Thanks,

What fund?

So you are saying there is a fund that loses money from being short retail stocks. However, the stocks have not increased. Maybe they have some kind of decaying volatility derivative, like they bought a lot of put options. Otherwise, maybe they embezzled the money to buy yachts.

Sorry it was in reference to a link, maybe AF removed my link https://www.ft.com/content/dea75884-65bc-11e7-9a66-93fb352ba1fe?mhq5j=e1

thanks