Citadel more than doubles its stake in Blue Nile (NILE) to take it up to 5.55%, according to a...

|About: Blue Nile, Inc. (NILE)|By:, SA News Editor

Citadel more than doubles its stake in Blue Nile (NILE) to take it up to 5.55%, according to a 13G filed with the SEC. The hedge fund player is a buyer into a downtrend, with shares of the online jewelry seller off 29.8% YTD on ongoing concerns of weak high-end and global demand.