Top of the SBF 120: Atos Group stock climbs 3.5% against short sellers
The IT services and cybersecurity group is making a marked recovery mid-morning, in a rising Paris market. This rebound comes after a prolonged decline and as short sales have increased.
A rebound of 3.47% that does not offset the quarterly decline
The Atos Group stock gains 3.47% to €22.04 in trading, among the strongest gains on the SBF 120 which advances 0.92%. The stock nevertheless remains 4.34% below its 20-day moving average (€23.04), and today's gain merely mitigates a three-month decline of 32.8%. The RSI at 32 places the configuration in the lower neutral zone, at the edge of oversold territory, while the support level at €20.38 is located approximately 8% below the current price. On the news front, Atos announced on October 8 that its Eviden product brand ranks among the "Overall Leaders" in KuppingerCole's 2026 Leadership Compass on identity governance, as detailed in this external evaluation.
Short positions at 3.51% of capital, up 1.11 points in one month
According to filed declarations, four funds cumulate a net short position of 3.51% of capital, compared to 2.40% thirty days earlier. This increase of just over one point in one month shows that a portion of institutional investors remains positioned against the stock, or seeks to hedge an exposure, though no conclusions can be drawn about their intentions. The level now exceeds 3% of capital, a threshold that this monitoring ranks among elevated levels.
As a reminder, upon the publication of H1 2026 results on July 30, the group had indicated it was targeting organic revenue growth of approximately -5% and an operating margin of around 7%. The support level at €20.38 remains the technical level to monitor in coming sessions.
