Business · Markets · 12 hrs ago
Short bets now cover nearly 10% of Stellantis shares
At least 10 hedge funds are betting against Stellantis, the carmaker whose shares have fallen 63.4% since the start of the year.
Their short positions together cover nearly 10% of the company’s capital, according to figures from Italy’s market regulator.
In short selling, a fund borrows shares and sells them, hoping to buy them back later at a lower price and keep the difference.
Stellantis shares fell 6.3% on Friday, taking their weekly decline to 8.9% and leaving the company valued at 10.3 billion euros.
The wider European car industry faces pressure from US tariffs and Chinese competition, while Stellantis has recorded more than 22 billion euros in write-downs and is trying to revive its business.
Investors are waiting to see whether the recovery reaches the results, with the company’s third-quarter figures scheduled for October 28; HSBC has also lowered its assessment of the shares and advised investors to reduce their exposure.
Short positions now cover nearly 10% of Stellantis’ share capital, according to data from Consob cited by Corriere della Sera.
At least ten hedge funds have net short positions above 0.5% of the company.
Marshall Wace has the largest reported position, at 1.98% of Stellantis’ capital.
Stellantis shares fell 6.3% on Friday and were down 63.4% since the start of the year.
The company’s third-quarter results were due on 28 October.
- Who
- At least ten hedge funds, including Marshall Wace, are betting against Stellantis shares.
- What
- Short positions account for nearly 10% of Stellantis’ share capital.
- When
- The report was published on 24 October 2026; shares fell 6.3% on Friday.
- Where
- Stellantis shares are traded on the stock market. The funds are based partly in the United States and partly in the United Kingdom.
- Why
- The funds are betting that the share price will fall further. The article also cites difficulties in the European car industry and concerns about Stellantis’ outlook.
This story does not have two clearly opposing sides.
Stellantis shares were valued at 9.72 euros.
The shares fell 6.3%, bringing their weekly decline to 8.9%.
Corriere della Sera reported that short positions covered nearly 10% of Stellantis’ capital.
Stellantis was scheduled to publish its third-quarter results.
- Short positions
- Nearly 10% of Stellantis’ capital
- Hedge funds
- At least 10 with net short positions above 0.5%
- Marshall Wace position
- 1.98% of Stellantis’ capital
- Marshall Wace short bet value
- More than 200 million euros at current share prices
- Share price
- 3.56 euros
- Market capitalisation
- 10.3 billion euros