Blau, Benjamin M.; Ness, Bonnie F. Van; Ness, Robert A. Van - In: Review of Financial Economics 20 (2011) 1, pp. 1-10
This study directly compares the level and return predictability of short selling for NYSE stocks to a matched sample of Nasdaq stocks. When considering trading that executes on all exchanges, we document that the Nasdaq has greater levels of short selling, relative to total trading activity,...
