Hedge Funds
Hedge funds are anticipating further falls in the share price of troubled outsourcing firm Mitie. Marshall Wace, Old Mutual and Henderson Global Investors are among the investors to have disclosed short positions on the company. Read more: Mitie flogs its healthcare business for just £2 Markit data, reported on by the Sunday Times, shows the percentage of Mitie shares on loan, indicative of the level of bets on share price falls, reached 18.4 per cent last week. ShortTracker puts the figure at closer to 15 per cent, but both datasets identify Mitie as the fourth most-shorted stock in London. It...

In this article