Hedge funds short M&S shares amid retail gloom

Short interest in retail stocks is now 3.4 per cent, double the 1.6 per cent average in the FTSE all-share index.
“Short sellers have been bearish towards retailers for over six months and companies exposed to the much-maligned UK high street account for six of the top 10 most shorted FTSE all-share stocks,” Data Explorers said.