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Hedge Fund Shorts on Danske Bank Hit 11-Month High before Money Laundering Report

(Reuters) Short positions on Danske Bank shares hit an 11-month high on Monday, rising 46 percent from Friday, data from industry tracker FIS’ Astec Analytics showed. The rise to 1.9 million shares out on loan, from 1.3 million on Friday, comes ahead of a report which Danske Bank is due to publish on Wednesday on how billions of euros from Russia and ex-Soviet states flowed through its accounts in Estonia.

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