🇳🇱 Most shorted Dutch stocks of 2025
In 2025, 47 Netherlands companies carried disclosed short positions across 261 trading days (1 Jan 2025 to 31 Dec 2025). The year's highest single reading was Alfen N.V. at 11.37% on 8 Sep 2025. Figures are disclosed positions only, from official AFM data.
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League table at end of 2025
| # | Company | Short % (31 Dec 2025) |
|---|---|---|
| 1 | Alfen N.V. | 7.36% |
| 2 | Basic-Fit N.V. | 5.80% |
| 3 | Signify N.V. | 5.48% |
| 4 | IMCD N.V. | 4.29% |
| 5 | Akzo Nobel N.V. | 4.19% |
| 6 | Pharming Group N.V. | 3.75% |
| 7 | PostNL N.V. | 3.57% |
| 8 | InPost S.A. | 3.00% |
| 9 | Fugro N.V. | 2.98% |
| 10 | BE Semiconductor Industries N.V. | 1.91% |
| 11 | Avantium N.V. | 1.89% |
| 12 | ARCADIS N.V. | 1.81% |
| 13 | Havas N.V. | 1.70% |
| 14 | Lakefront Biotherapeutics NV | 1.59% |
| 15 | TomTom N.V. | 1.38% |
| 16 | DSM-Firmenich AG | 1.30% |
| 17 | The Magnum Ice Cream Company N.V. | 1.23% |
| 18 | Randstad N.V. | 1.20% |
| 19 | Aalberts N.V. | 0.70% |
| 20 | argenx SE | 0.66% |
| 21 | Fugro N.V. | 0.62% |
| 22 | AMG Critical Materials N.V. | 0.59% |
| 23 | Koninklijke Philips N.V. | 0.59% |
| 24 | OCI N.V. | 0.59% |
| 25 | SBM Offshore N.V. | 0.59% |
Top 25 of 29 companies with disclosed positions on 31 Dec 2025.
Biggest rises of 2025
- Signify N.V.+4.84pp to 5.48%
- IMCD N.V.+3.19pp to 4.29%
- InPost S.A.+2.50pp to 3.00%
- Fugro N.V.+2.40pp to 2.98%
- Akzo Nobel N.V.+2.31pp to 4.19%
- Basic-Fit N.V.+1.96pp to 5.80%
- Avantium N.V.+1.89pp to 1.89%
- Havas N.V.+1.70pp to 1.70%
- The Magnum Ice Cream Company N.V.+1.23pp to 1.23%
- ARCADIS N.V.+1.12pp to 1.81%
Biggest falls of 2025
- AMG Critical Materials N.V.−7.90pp to 0.59%
- Pharming Group N.V.−3.40pp to 3.75%
- OCI N.V.−2.65pp to 0.59%
- TomTom N.V.−1.89pp to 1.38%
- BE Semiconductor Industries N.V.−0.51pp to 1.91%
- Lakefront Biotherapeutics NV−0.32pp to 1.59%
- ArcelorMittal S.A.−0.31pp to 0.50%
Changes compare each company's disclosed level at the end of 2025 with its last disclosed level of 2024; a company entering the register during the year rises from 0.00 (undisclosed is not the same as zero short interest). Nothing here is investment advice.