Advertisement

The ten most-hated shares in the FTSE

These are London’s ten most-hated shares, judged by the percentage of stock being shorted.

These are London's ten most-hated shares, judged by the percentage of stock being shorted.

Short sellers aim to profit from falling stock prices, so it can be useful to see what they are betting against. The list is also a good indicator of stocks with the potential to bounce strongly on unexpected good news "short squeezes" occur when short sellers are forced out of their positions, which can send share prices surging.

Advertisement - Article continues below

The supermarkets remain unpopular, while investors appear to consider Admiral fully valued. The other new entrant is Drax, representative of wider bearishness on electricity utilities as wholesale electricity prices fall and renewables subsidies are cut.

CompanyWhat it does% of stock being shorted% on 26 June
CarillionConstruction/outsourcing17.71%15.34%
Wm MorrisonSupermarkets12.65%11.92%
J SainsburySupermarkets11.03%10.74%
Ashmore GroupEmerging-markets fund mgr8.99%7.85%
Tungsten Corp.Invoicing services8.85%6.57%
Hansteen HoldingsReal-estate investment trust8.62%7.94%
Admiral GroupMotor insurance8.48%New entry
Drax GroupPower generation7.69%New entry
WH SmithRetail7.70%8.66%
ElectrocomponentsElectronics distribution7.48%6.77%
Advertisement
Advertisement

Recommended

The British equity market is shrinking
Stockmarkets

The British equity market is shrinking

British startups are abandoning public stockmarkets and turning to deep-pocketed Silicon Valley venture capitalists for their investment needs.
8 Nov 2019
Beyond the Brexit talk, the British economy isn’t doing too badly
Economy

Beyond the Brexit talk, the British economy isn’t doing too badly

The political Brexit pantomime aside, Britain is in pretty good shape. With near-record employment, strong wage growth and modest inflation, there is …
17 Oct 2019
BP has slashed its dividend – and markets love it
Income investing

BP has slashed its dividend – and markets love it

BP has bowed to the inevitable and cut its dividend in half – and its share price promptly rose. John Stepek explains what it means for shareholders …
4 Aug 2020
Listed companies are dying out, and that could have serious consequences
Stockmarkets

Listed companies are dying out, and that could have serious consequences

Private equity is taking over from public stockmarkets as the biggest provider of capital to companies. That’s bad for investors and bad for society a…
3 Aug 2020

Most Popular

Can the recent rally in sterling continue?
Sponsored

Can the recent rally in sterling continue?

A "double top"  – a very recognisable pattern – is forming in in the US dollar. Dominic Frisby explains what it is, and what it could tell us about st…
3 Aug 2020
BP has slashed its dividend – and markets love it
Income investing

BP has slashed its dividend – and markets love it

BP has bowed to the inevitable and cut its dividend in half – and its share price promptly rose. John Stepek explains what it means for shareholders …
4 Aug 2020
UK banks have had a shocking week – so it’s probably a good time to buy
UK stockmarkets

UK banks have had a shocking week – so it’s probably a good time to buy

Lloyds Bank reported a £676m loss this week. And, with all of the UK's high street banks having a terrible time of things, bank stocks are detested ri…
31 Jul 2020