Few executives would envy the situation J Sainsbury’s (SBRY) new boss, Simon Roberts, finds himself in. Things were not looking too bad when his appointment was announced at the start of the year. However, a lot has changed since, as reflected by a surge in disclosed short interest from 3.6 per cent at the end of 2019 to 8.3 per cent now, which makes Sainsbury’s shares the fourth most shorted on the London market.
Focus on 'value'
Low share valuation
E-commerce will hurt margins
Sainsbury Bank may need further support
High and rising short interest