Why would you short Tassals *now*?, page-108

I worked for Tassal for 4 years between 2013 and 2016 and still have most of my contacts in Tassie.
If there was any major operational problems, I'd know about it. If anything, last summer was so mild that the survival rates are off the chart and they have more biomass than expected.
That's on top of Tassie being mostly unaffected by covid.

The shorters must be betting on sales/pricing issues and/or China tension. I wouldn't know about that, not my area of expertise.

Still, I find it rather interesting that HUO is virtually unshorted despite being a loss making operation and being the source of all the recent fish escapes and issues. Surely a much safer shorting bet if low salmon pricing or a China ban is on the card, I would have thought.

Whereas Tassal, which has consistently produced increasing operational cashflows, pay dividends and has clear mid/long term growth avenues somehow sits as 3rd most shorted stock.