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Pound v dollar: How hedge funds benefit from a weaker sterling

Here's how hedge fund managers make money from shorting the British pound

Borqs Technologies, Inc. (BRQS)

NasdaqCM - NasdaqCM Real-time price. Currency in USD

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0.6734

+0.0274

(+4.24%)

At close: 04:00PM EDT

0.6897

+0.02

(+2.42%)

After hours:

07:58PM EDT

Trade prices are not sourced from all markets

Previous close	0.6460
Open	0.6500
Bid	0.6700 x 1000
Ask	0.6799 x 800
Day's range	0.6200 - 0.6869
52-week range	0.6000 - 12.4160
Volume	452,214
Avg. volume	3,095,336

Market cap	108.55M
Beta (5Y monthly)	1.45
PE ratio (TTM)	N/A
EPS (TTM)	-0.7980
Earnings date	N/A
Forward dividend & yield	N/A (N/A)
Ex-dividend date	N/A
1y target est	N/A

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