The British hedge fund run by George Soros has made a £10m stock market bet against retailer WH Smith, adding to short positions equivalent to more than £100m in UK-listed companies.
SFM UK Management has nine publicly declared shorts in British firms, regulatory filings show. The 0.5% short position in WH Smith, opened on 19 November, was equivalent to £10.5m at the close of trading on Thursday.
The short against WH Smith comes after the company bought US airport retailer InMotion for £155m in October, in a return to the States after a hiatus of 15 years.
