Diginex Faces Renewed Short-Selling Pressure Amid Strategic Pivot

The facts at a glance:
- Short positions rose from 747,828 to 2,016,841 shares (period: January 15–30, 2026)
- Increase of 169.7% within two weeks
- The shares trade near a 52-week low
- Strategic reorientation following the PlanA.earth GmbH acquisition in January

Sharp uptick in short selling
Data published on February 12 reveal a pronounced shift in sentiment toward the stock. By the end of January, more than two million shares had been sold short, representing more than a 2.5-fold increase versus the level observed mid-month. In the short-selling process, investors borrow shares, vend them, and then aim to repurchase later at a lower price, pocketting the difference.

Should investors sell immediately? Or is it worth buying Diginex?

Such a rapid intensification over a brief period suggests that a portion of the investor base has re-evaluated the short-term outlook for Diginex. This occurs in an environment that has already been challenging for the stock, which has posted notable declines since the start of the year.

Strategic moves fail to win broad endorsement
Diginex had signaled constructive steps earlier in January. Mid-month, the company completed the acquisition of PlanA.earth GmbH, a German platform specializing in AI-assisted CO2 accounting. At the end of January, Lubomila Jordanova, the founder and former CEO of Plan A, was appointed as the new chairwoman of Diginex’s board.

These actions are designed to bolster Diginex’s position in Europe’s sustainability and regulatory-technology market. Yet the tripling of short positions indicates that these strategic moves did not win universal approval among investors in the near term. Short sellers appear to believe that fully integrating and monetizing the acquisition will take longer than the market has priced in.