Why One Fund Still Has a $14 Million Bet on This Resale Stock Up 130% This Past Year

Connecticut-based Manatuck Hill Partners disclosed a sale of 150,000 shares of The RealReal (NASDAQ:REAL) in a November 14 SEC filing, though rising shares of the stock helped the overall value of the stake increase by $5.8 million.According to its SEC filing dated November 14, Manatuck Hill Partners sold 350,000 shares of The RealReal (NASDAQ:REAL) in the third quarter. However, given rising share prices, the position’s reported value increased to approximately $13.6 million at quarter-end. The fund held nearly 1.3 million shares as of September 30.The fund's stake in The Real Real is about 4.5% of 13F reportable AUM as of September 30.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool