Magnum Ice Cream’s (MICC) short interest in Europe has increase to 19% of shares available for trading, Joe Easton of Bloomberg reports, citing S&P Global Market Intelligence data as of April 17. That is more than double the level from a month ago and makes Magnum one of the most popular short bets in Europe, according to Easton. Magnum is now the 18th most-shorted stock in Europe’s Stoxx 600 Index, S&P data show.
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