21:22 3 October 2025
Shorts coming to WSE, foreign investment funds betting on falling shares, especially retailers
The number of short positions on the Warsaw Stock Exchange is rising, with foreign funds increasingly targeting retail and consumer-oriented companies (B2C). By late September, the KNF Short Sale Register showed 21 active positions across 12 companies, though only holdings above 0.5% are publicly visible. The most shorted stock is CCC, with 5.37% held by seven funds, reflecting consensus on potential margin pressure from markdowns and weak demand.
Other retail names include Pepco, LPP, Dino, and new entrant Rainbow Tours, while industrials like Grupa Azoty, Kęty, and Budimex are also in focus. Analysts suggest margin sensitivity, cross-border e-commerce pressure, and potential 2026 slowdown drive this trend. CD Projekt shorts have eased slightly.
