Unilever's Short Sellers Target Dutch Shares Over London: Chart

Short players betting on dual-listed Unilever have focused on its Amsterdam line, sending short interest as high as 8.8 percent of shares outstanding earlier this month, before the stock went ex-dividend, according to IHS Markit Ltd. data. That compares to less than 0.3 percent for the less liquid London ticker. Investors often short companies before they trade without the right to their dividend as that may push the shares lower.