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Hindenburg Research

Hindenburg Research

United States · Market Research

Market Research

Hindenburg Research was an investment research firm founded in 2017 by Nathan Anderson and based in New York City. The firm focused on forensic financial research, aiming to uncover corporate fraud and malfeasance through detailed analysis of public records, internal documents, and employee interviews. Hindenburg Research produced comprehensive investigative reports that highlighted potential unethical practices, often impacting the stock prices of the companies involved. The firm utilized short selling as a strategy to profit from companies it believed were engaging in fraud. Hindenburg Research gained recognition for its high-profile investigations, including reports on companies like Adani Group and Nikola, which led to significant stock price declines. Hindenburg Research ceased operations in January 2025, leaving a legacy that emphasizes the importance of transparency and accountability in corporate practices.

Company Insights
Company Overview

2017

Founded

Market Research

Industry

United States

Location

183,583

Ranking

9 employees

Size

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