Glaucus targets Blue Sky Alternative Investments as next Australian short

Blue Sky Alternative Investments has rejected US hedge fund Glaucus' short thesis on the stock as being riddled with falsehoods after Glaucus claimed the homegrown asset manager's shares were 77 per cent over-valued.

The California-based short-seller has targeted Australian asset manager Blue Sky in its second Australian short campaign more than a year after it published a zero-dollar price target on collapsed sandalwood group Quintis.