Short Sellers Bet on Sainsbury, Morrison While Tesco Jumps
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Last year was the worst on record for U.K. grocer stocks. Short sellers are betting it won’t stop there.
Rivals have siphoned off market share from J Sainsbury Plc and William Morrison Supermarkets Plc, sending both stocks tumbling more than 29 percent in 2014 and making them the most-shorted companies in the FTSE 100 Index, data compiled by Bloomberg show.