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This paper examines the relationship between short selling in the equity market and corporate bond returns. We show that both shorting activity and size of short trades are inversely correlated with contemporaneous bond returns. In addition, firms with heavily shorted shares or large short trade...
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We show short selling in corporate bonds forecasts future bond returns. Short selling predicts bond returns where private information is more likely, in high-yield bonds, particularly after Lehman's collapse. Short selling predicts returns following both high and low past bond returns. This,...
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"Paper Belt on Fire is the unlikely account of how two outsiders with no experience in finance--a charter school principal and defrocked philosopher--start a venture capital fund to short the higher education bubble. Against the contempt of the education establishment, they discover, mentor, and...
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Introduction -- Modified Fama-French Factors for REITs and the Impact of Short Selling -- Impacts of the Covid-19 Crisis on US Real Estate Investments: A Sectoral Performance and Spillover Analysis -- ESG Stocks in Times of Crisis: Evidence from US REITs During Covid-19 -- Summary and Conclusion...
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Regulatory and media concern has focused heavily on the potentially manipulative distortion of market prices associated with naked short selling. However, naked shorting can also have beneficial effects for liquidity and pricing efficiency. We empirically investigate the impact of naked...
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