Business modelsMusic

HMV is one of the most shorted stocks in history

By January 28, 2007 6 Comments

I wrote about the decline of record shops last week in The long tail theory is playing out well for music lovers and today the Sunday Times reported in HMV is ‘going to the dogs’ that

HMV, the high-street music retailer, has become one of the most “shorted” UK stocks of all time.   Almost 24% of HMV’s stock is now being borrowed as traders stake nearly £130m on the chance that its share price is about to fall.

HMV is a leading UK CD and DVD retailer.