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H&M Short Sellers Double Bets as Investors Wear 18% Drop

  • Clothing retailer is Stockholm’s second-most shorted stock
  • Stefan Persson family has increased its stake to almost 40%
Updated on

Hennes & Mauritz AB shareholders have seen the value of their investment slump 18 percent so far this year. Short sellers are betting the stock has more to go.

Short interest in the global clothing retailer’s stock has more than doubled to 7.2 percent of shares outstanding, from 3.1 percent in early 2017, according to Markit data.