Showing 1 - 10 of 4,988
Persistent link: https://www.econbiz.de/10014301927
This paper studies the impact of disclosure on short selling. Using a confidential dataset on shorts on stocks traded … in the Dutch stock market including both short positions large enough to trigger public disclosure and positions not … are time-varying and change discontinuously when positions reach the disclosure threshold. These results suggest …
Persistent link: https://www.econbiz.de/10014352100
I study short-sale constraints in a market with asymmetric information. I offer a novel approach endogenizing short-sale constraints by including an asset-borrowing market in my model. Short-sellers have to borrow an asset and therefore reveal information to a lender. The lender trades on her...
Persistent link: https://www.econbiz.de/10012824882
Persistent link: https://www.econbiz.de/10011751862
Persistent link: https://www.econbiz.de/10010442426
Persistent link: https://www.econbiz.de/10013533148
Persistent link: https://www.econbiz.de/10003965701
We find that a substantial portion of short sellers' trading advantage comes from their ability to analyze publicly available information. Using a database of short sales combined with a database of news releases, we show that the well-documented negative relation between short sales and future...
Persistent link: https://www.econbiz.de/10013116310
We find that a substantial portion of short sellers' trading advantage comes from their ability to analyze publicly available information. Using a database of short sales combined with a database of news releases, we show that the well-documented negative relation between short sales and future...
Persistent link: https://www.econbiz.de/10013116480
We find that a substantial portion of short sellers' trading advantage comes from their ability to analyze publicly available information. Using a database of short sales combined with a database of news releases, we show that the well-documented negative relation between short sales and future...
Persistent link: https://www.econbiz.de/10013099621