Alex Wright, portfolio manager of the Fidelity Special Situations fund and Special Values trust, reveals the UK's most shorted stocks - and why he owns two of them.
Alex Wright, portfolio manager of the Fidelity Special Situations fund and Special Values PLC, reveals the UK's most shorted stocks - and why he owns two of them. Contrarian investors go against the herd, buying unloved stocks shunned by the broader market. Some stocks might be unloved, but there are a select few that are hated with a large proportion of investors shorting a stock (betting on a decline in its share price). As a contrarian, I like to invest in stocks which are deeply out of favour with other investors. When the market consensus becomes negatively skewed towards a compa...
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