Sivers Semiconductors: Four Short Sellers Hold 6.32% as LiDAR Order Potential Takes Shape

Short interest in Sivers Semiconductors stood at a combined 6.32% of capital on Friday, spread across four publicly disclosed short sellers, according to media reports. The figure caps a week of contrasting moves in the Swedish group's shareholder register, with two investors building positions and a third stepping back below the disclosure line.

GSA Capital Partners raised its short position to 0.52% of Sivers' capital on Tuesday — a move reported on 3 November and confirmed by the register of Sweden's financial watchdog, Finansinspektionen — which brought the firm into the ranks of the company's publicly declared short sellers. Marble Bar Asset Management followed on Thursday, establishing a disclosed short of its own, again per the Finansinspektionen register.

Two Sigma Investments went the other way. The investor cut its disclosed position below the threshold requiring public notification on Friday, and as a result no longer appears in the Finansinspektionen register as a declared short seller of Sivers.

The shares added 0.9% on the day. Over a 30-day window, however, the stock has shed 45%.

LiDAR Orders Underpin the Operating Story

Behind the register movements sits a commercial announcement from roughly a fortnight ago. Sivers disclosed production orders from a strategic LiDAR customer, covering applications in automotive and industrial sensing. Under the program, Sivers is to supply CW-DFB lasers and optical amplifiers.

The company put the estimated cumulative revenue potential of the program at between USD 53 million and USD 138 million, a range spanning the customer's entire product lifecycle. Sivers had first flagged that potential in March 2026. The figure therefore describes an estimated revenue opportunity across that lifecycle — not the value of the production orders actually placed.

Friday's 11% gain in the share price has no established causal link to the change in short positioning, and the two should not be read as connected.