The Swedish market has seen active movement in public short positions as of early November 2026. D. E. Shaw has officially reduced its short position in the pharmaceutical firm Camurus AB to below the 0.5 percent threshold, signaling a potential retreat from its bearish stance. Despite this exit, total short interest in Camurus remains at approximately 4.46 percent of capital. Simultaneously, the fuel-cell developer PowerCell Sweden AB has attracted a new public short seller, with Citadel Securities disclosing a position above the 0.1 percent reporting requirement. These movements, tracked via the Swedish Financial Supervisory Authority, reflect the ongoing volatility in the Nordic small-cap space. For investors, the reduction of a position by a major player like D. E. Shaw in Camurus—coupled with a concurrent price target upgrade from Danske Bank—suggests a divergence in sentiment regarding the company's near-term valuation. Conversely, the entry of Citadel into PowerCell highlights the continued scrutiny of the hydrogen and fuel-cell sector, which remains a frequent target for short sellers due to high cash-burn rates and long-term commercialization risks. ## Sources - MarketScreener — Report on D. E. Shaw reducing its short position in Camurus, Nov 6, 2026. - MarketScreener — Report on Citadel Securities taking a short position in PowerCell, Nov 6, 2026.
Original reporting by MarketScreener. This article is desk analysis prepared by The Forensic Ledger from publicly available sources, summarized with citation to the original.
Not investment advice. This is original reporting and analysis prepared by The Forensic Ledger from publicly available data. Nothing here is a recommendation to buy, sell, or hold any security. Always consult the original source and a licensed professional. See our full disclaimer and source-citation policy.






