The STOXX 600 short book is thin: 6m expected return range -6.9% to -5.7%. Median conf 77. This is an illiquidity + negative momentum scan, not a macro call. Illiquidity flags 6 of 10. Tech 3, Financi

Telefonaktiebolaget LM Ericsson (publ) $ERIC-B.ST is the top short: univ 0%, sec 3%, -6.9%, conf 77. ↓ illiquidity, ↓ 6mo momentum, ↓ downside risk. Not just trend — risk model is screaming too. Wise Group plc $WISE.L: univ 0%, sec 6%, -6.3%, conf 75. ↓ 6mo mom, ↓ 12mo mom, ↓ illiquidity. Double momentum loser, and it's still Tech — but Ericsson's extra driver is downside risk. Aviva plc $AV.L: univ 0%, sec 1%, -6.3%, conf 78. ↓ illiquidity, ↓ 12mo mom, ↓ downside risk. Top of Financials, still shorted. Babcock International Group PLC $BAB.L: univ 1%, sec 1%, -6.1%, conf 78. ↓ illiquidity, ↓ 12mo mom, ↓ 6mo mom. Two sector leaders both hit by the same illiquidity/momentum combo. That's the pattern. Hexagon AB (publ) $HEXA-B.ST: univ 1%, sec 9%, -6.1%, conf 73. ↓ downside risk, ↓ 12mo mom, ↓ illiquidity. Lower confidence than the top names, but risk and trend both lean down. Amadeus IT Group, S.A. $AMS.MC: univ 1%, sec 12%, -6.0%, conf 72. ↓ 12mo mom, ↓ downside risk, ↓ 6mo mom. Tech ke

Telefonaktiebolaget LM Ericsson (publ) $ERIC-B.ST is the top short: univ 0%, sec 3%, -6.9%, conf 77. ↓ illiquidity, ↓ 6mo momentum, ↓ downside risk. Not just trend — risk model is screaming too. Wise