Doug Kass Going Short Russell 2000

Doug Kass of Seabreeze Partners tweeted that he is initiating a short position in iShares Russell 2000 Index ETF IWM. The position was initiated at a price of $76.80. Shares are currently trading at $76.76. Kass is the president of Seabreeze Partners, a Palm Beach-based hedge fund. He is also a notorious bear, but has made some bullish calls, such as calling March 2009 the bottom of a lifetime.