Hindenburg Research, known for its aggressive short-selling and its significant impact on the Adani Group in 2023, has shut down. Founder Nate Anderson cited the completion of their investigative goals and a desire for balance.

In a major development coming from the United States, the short selling group known for its stock market activism, Hindenburg Research, has decided to stop there operations. The short-selling group has been disbanded.

The founder of US based short seller Hindenburg Research, Nate Anderson announced on Thursday that he has decided to close down the operations of his investigative firm.

Anderson said over the next six months, he plans to work on a series of materials and videos to open-source every aspect of his model and how his team conducts its investigations.

Hindenburg Research, known for short-selling, shuts down after targeting Adani group, founder Nate Anderson cites personal reasons.

The US research firm Hindenburg Research, which is known for short-selling, is to be shut down, as its founder Nate Anderson in an announcement on Wednesday. The reports of the firm have resulted in wiping out billions of dollars of Indian billionaire Gautam Adani and his companies.

Nate Anderson, the US activist investor who made his name by publicly attacking companies including Afterpay-owner Block and billionaire tycoon Gautam Adani’s empire, is closing his New York short-selling firm Hindenburg Research.

Nathan Anderson, who started Hindenburg in 2017, cited the toll of the ‘rather intense, and at times, all-encompassing’ nature of the work as the reason for his decision, in a website post published on Wednesday.

Activist short seller Nathan Anderson, famous for his campaigns against Adani Group, Super Micro and Nikola, is shutting down his firm Hindenburg Research seven years after he founded it. “The plan has been to wind up after we finished the pipeline of ideas we were working on,