Investors believe Trinity Mirror won't be for sale

Investors and traders are betting on shares in Trinity Mirror falling sharply after it announces the results of its strategic review tomorrow. They have taken large short positions - selling stock they do not own but have borrowed in the hope of buying at lower levels - with the amount of stock loaned to sellers jumping from about 5% last month to almost 9% of the share capital. The Trinity board are meeting today to consider the recommendations from NM Rothschild, the investment bank, on the strategic review launched under chairman Sir Ian Gibson, and ceo Sly Bailey. The high level of short-selling indicates that investors anticipate there will be a lack of radical structural change (ie, no sell-off). (Via FT.com)