Dark Forest Capital Management LP Lowers Stock Holdings in Zillow Group, Inc. (NASDAQ:ZG)

Dark Forest Capital Management LP, a hedge fund based in New York City, has recently announced that it has lowered its stock holdings in Zillow Group, Inc. (NASDAQ:ZG) by an undisclosed amount. The company is one of the largest online real estate marketplaces in the United States, providing information on millions of properties across the country.

According to a filing with the Securities and Exchange Commission (SEC), Dark Forest Capital Management LP disclosed that it had sold off some of its shares in Zillow Group, Inc. The exact amount of stock sold was not specified in the filing. However, it is worth noting that the company's stock price has been on a downward trend in recent months, with the share price dropping from around $200 in early 2021 to around $150 in late 2021.

It is important to note that hedge funds like Dark Forest Capital Management LP often engage in buying and selling activities as part of their investment strategies. These activities are not necessarily indicative of any underlying issues with the company or its stock performance. However, it is always a good idea for investors to closely monitor the actions of these types of funds and consider their potential impact on the company's stock price.