Smurfit Kappa tops the shorting list on Irish stock exchange

News Snapshot:

Smurfit Kappa is about to embark on a major merger with WestRock to create a new company called Smurfit WestRock, which will have combined sales of about $34 billion The Financial Times’s Alphaville blog ran a column lately about the most shorted stocks around the world in an attempt to discern whether there was any particular patterns or insights. A short, for background, is a trade in which a hedge fund or other investor borrows shares in a given company from a broker, sells them on the market, then waits for the price to fall so they can buy them...