Vultures have acute vision and, often, a good sense of smell. So do short sellers, who are sometimes unkindly compared with the scavenging birds. These funds bet on share prices falling, which they argue aids price discovery.
They are circling the UK high street. Many retailers still look overvalued. It has already been a good year for short sellers. UK retail shares are down 27% this year, more than twice the rest of the UK market.
Brexit worries weigh on the entire sector, affecting some companies more than others.
