Hedge funds are targeting British retailers including Asos, B&Q owner Kingfisher, BooHoo, and Dixons Carphone, taking short positions on the assumption that they will struggle in the current economic climate, according to a report by The Is Money.
Aston Martin and Royal Mail are also attracting the attention of short sellers along with leisure firms such as Cineworld. Some 8.1 per cent of the cinema operator’s shares are currently being shorted.
