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- Apple's stock is currently the single biggest short for hedge fund investor Dan Niles.
- "Sold $AAPL & now our largest single stock short," the Satori Fund founder said in a Thursday post on X.
- Niles cited three reasons for his bearishness toward Apple, including China's crackdown on iPhone usage.
Hedge fund investor Dan Niles says he's betting hard against iPhone maker Apple, which is now his largest single-stock short position.
"Sold $AAPL & now our largest single stock short," the Satori Fund founder and senior portfolio manager said in a post on X Thursday.