Hedge Funds Bet Against Recovery on High Street (TheTimes.co.uk) Hedge funds have placed bets worth £1.6 billion against British retailers as the industry braces for further pressure on the high street. Retailers including Wm Morrison, the B&Q owner Kingfisher and Marks & Spencer have been targeted by short-sellers as they bet that share prices in the sector will fall. Morrisons, the supermarket chain, is Britain’s most heavily shorted retailer with 6.12 per cent of its shares, worth almost £300 million, on loan, according to data from the Financial Conduct Authority. Hedge funds including Blackrock, Citadel, Hengistbury, Pelham and Darsana Capital Partners have bet against the company.