d-nvest

Data product · Sweden

Sweden disclosure threshold gap — an upper bound

Finansinspektionen publishes two things about the same issuer: an aggregate net short position that includes holders below the naming threshold, and the register of named disclosures. The difference is short interest that is disclosed to the regulator and invisible in the public register.

Dated on the register state we observed, not on a publication date: this regulator publishes no date of its own. The date is therefore ours, and it is always at or after the moment the file became public — a backtest built on it is conservative, never early. State observed on 2026-10-02

Read this first

What this page does not show, and why

A gap is only meaningful if both sides are proven. When an issuer's named disclosures cannot be attached to it, the sum of the public side is zero and the gap equals the whole aggregate — which reads as “100% of this issuer's short interest is hidden below the threshold”. That sentence would be false, large and plausible, so those issuers are counted here and left out of the table.

335

issuers in the aggregate register

238

issuers with a gap that is proven on both sides

80

known to the identity bridge, but no named disclosure could be attached — not shown

17

issuer identifier unknown to the instrument bridge — not shown

Every gap below is an UPPER bound, and the table says so on each row: nominative disclosures whose instrument is unknown to the bridge cannot be counted on the public side, so that side is a lower bound. 5832 such disclosures exist in this regime today.

Coverage

Why this exists for one country

The gap needs a regulator that publishes an aggregate INCLUDING positions below the naming threshold. Most publish the named register only — there is then nothing to compare it against. Below, every jurisdiction whose register we ingest, and what it publishes.
JurisdictionRegulatorAggregate view
SEFinansinspektionenpublished — republished here
GBFCApublished, but its licence forbids redistribution

FCA — Legal terms (conditions 3.2 à 3.5) interdit la redistribution — se limiter au lien et à une citation courte

BEFSMAno aggregate view observed
FRAMFno aggregate view observed
ISSeðlabanki Íslandsno aggregate view observed
NLAFMno aggregate view observed
NOFinanstilsynetno aggregate view observed
SKNBSno aggregate view observed

“No aggregate view observed” is not “none exists”: we have not called every European regulator on this question, and claiming otherwise would be unverifiable. The day a source appears, it shows up here on its own.

The gap, issuer by issuer

Declared to the regulator, absent from the register

Sorted by the widest gap. The two ratios are never summed: they count different populations under different thresholds, and adding them would double-count the holders that appear in both.
IssuerAggregateNamedGapNamed holders
Beijer Ref AB (publ)549300PZZEUVH08H4G757.97 %1.90 %6.07 %upper bound13
Aktiebolaget Electrolux549300Y3HHZB1ZGFPJ939.97 %4.44 %5.53 %upper bound46
Cibus Real Estate AB (publ)549300PW36MFK96GCR238.88 %3.36 %5.52 %upper bound8
INVISIO AB54930054EB7KX3MY2Q116.75 %1.28 %5.47 %upper bound6
Hemnet Group AB (publ)5493008VIU67J3HUAR0710.98 %5.93 %5.05 %upper bound18
New Wave Group AB5493006EIYZZYQILKS317.83 %3.17 %4.66 %upper bound14
Embracer Group AB549300RFXXKT652HB5498.34 %3.95 %4.39 %upper bound13
Asker Healthcare Group AB636700RZEYK9TOWV8F054.99 %0.60 %4.39 %upper bound3
Mips AB549300LZSA4S0L54VQ258.69 %4.45 %4.24 %upper bound34
Sivers Semiconductors AB254900UBKNY2EJ588J535.92 %1.72 %4.20 %upper bound11
Avanza Bank Holding AB549300MBWR5H8SIJLE034.77 %0.61 %4.16 %upper bound23
AAK AB (publ)549300GK4LGIDDWJWL078.44 %4.31 %4.13 %upper bound12
Apotea AB (publ)636700XU8GQ8ZL4RNM174.09 %0.00 %4.09 %upper bound8
NIBE Industrier AB549300ZQH0FIF1P0MX675.01 %0.99 %4.02 %upper bound12
Essity Aktiebolag (publ)549300G8E6YUVJ1DA1536.46 %2.55 %3.91 %upper bound7
Dynavox Group AB5493008X1XZR4R5R0P669.28 %5.38 %3.90 %upper bound15
Hacksaw AB636700SMLZDCBPNPMJ364.27 %0.50 %3.77 %upper bound5
RaySearch Laboratories AB (publ)549300TYFVYGS0JFWM289.77 %6.14 %3.63 %upper bound21
Verisure plc636700ZY9PP0NGXTA9433.51 %0.00 %3.51 %upper bound2
Wallenstam AB21380081R2P9MKFQBD254.66 %1.22 %3.44 %upper bound6

The preview stops here. 218 more issuers carry a proven gap today.

The underlying registers are public and free at the regulator — the link is in the licence note below. What is behind the wall is our computation, not the regulator's data.

Provenance

Where this comes from, and what must be cited

Source : Finansinspektionen — mise à jour du 2026-10-02

This attribution travels with the data: the licence requires the source and its update date, so anyone republishing these figures owes the same line.

Product
se-short-interest-gap v2
Time axis
the state of the register on that date · as_of_date
Licence
fi-se-open-data
Generated
2026-10-02

https://d-nvest.com/en/short-interest-gap