Haggard, K. Stephen; (Grace) Qing Hao; Zhang, Ying Jenny - In: Managerial Finance 38 (2012) November, pp. 1048-1066
Purpose – The purpose of this paper is to investigate short-selling around private investment in public equity (PIPE) issuances, for evidence of manipulative short-selling by hedge funds. Design/methodology/approach – The authors use the Regulation SHO short-selling data in combination with...