Red alert for Burberry share price as short interest spikes

Burberry (LON: BRBY) has another thing to worry about; short-sellers are circling. The stock has been in a freefall since April last year as it underperformed peer companies like LVMH, Hermes, and Kering. In all, it has crashed by 50% in this time and the situation could get worse.Burberry short interest risesCopy link to sectionThere are signs that more short sellers are betting that the Burberry share price has more downside to go. Data compiled by Research Tree shows that the company has now become one o ...