By Steve Moore | Friday 6 January 2017
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
We recently showed the ten top shorted London-listed shares at the start of 2017. How did 2016's perform?
After a decent 2015 for the shorts, they failed to outperform last year (those in bold are also on the 2017 'top ten' list)...
|Name of Share Issuer||Share price (p)
at end of 2015
|Share price (p)
at end of 2016
|WM MORRISON SUPERMARKETS||148.2||230.2||55%|
|SAINSBURY (J) PLC||258.8||249.7||-4%|
|OCADO GROUP PLC||304.1||263.8||-13%|
|ASHMORE GROUP PLC||256.4||283||10%|
|HOME RETAIL GROUP||99.55||171.5||72%|
|NANOCO GROUP PLC||57.5||45.125||-22%|
|TULLOW OIL PLC||165.7||311.9||88%|
|HANSTEEN HOLDINGS PLC||115.1||113||-2%|
|LANCASHIRE HOLDINGS LTD||628||694.5||11%|
|ADMIRAL GROUP PLC||1659||1818||10%|
|WH SMITH PLC||1769||1557||-12%|
|MITIE GROUP PLC||311||225.1||-28%|
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