The ten most-hated shares on the FTSE

This is a list of the ten most-despised shares on the London market, judged by the percentage of stock being shorted.

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CarillionConstruction/outsourcing21.10%20.88%
Wm MorrisonSupermarkets18.95%19.07%
Ocado GroupOnline supermarkets17.04%21.67%
Mitie GroupFacilities management11.90%11.74%
Tullow OilOil and gas explorer10.89%16.08%
Weir GroupIndustrial engineering9.66%NEW ENTRY
Telit CommsTelecoms equipment9.33%8.43%
VictrexPlastics7.67%8.96%
J SainsburySupermarkets7.57%12.12%
DebenhamsGeneral retailers6.88%7.85%

This is a list of the ten most-despised shares on the London market, judged by the percentage of stock being shorted. Short sellers hope 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. Investors remain worried that the supermarkets are having trouble with the German discounters.

This month's new entry, Scottish engineer Weir, specialises in pumps for oil producers and miners, sectors that have seen cutbacks in capital expenditure in recent years. Weir's profits look set to drop for a fourth successive year in 2016.

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