Polish indexes break records amid increased short selling by foreign funds
17:46
Polish stock indices WIG20 and WIG have surged over 18% and 17% respectively since the beginning of the year, yet foreign investors continue to bet against major Warsaw Stock Exchange (GPW) companies. The Polish Financial Supervision Authority (KNF) register lists 21 short positions, including on CD Projekt, JSW, and Dino.
CD Projekt remains the most shorted stock, with four active short positions, while Dino, JSW, and PKO BP are also frequently targeted. Despite the bearish sentiment, experts predict CD Projekt's stock could reach PLN 300 per share by year-end.
While the KNF register provides insight into market sentiment, analysts caution that short positions can serve as hedges rather than direct bets against stocks.
