Luckin Coffee, extolled as the Chinese challenger to Starbucks, has been targeted by short
sellers since its initial public offering. During its 13-month listing on NASDAQ, Luckin …

We examine stock market returns around periods of increased naked short selling with two
objectives in mind. First, we study persistent failures to deliver (FTDs) for insight into naked …

We find that stocks with fails-to-deliver (FTDs) experience negative abnormal returns that are
proportional to their FTD levels. These findings come from both an event study and a …

We show that short selling activities for NASDAQ stocks are serially correlated. The
clustering of short sales is more profound in small firms than in large firms. The majority of …

This dissertation consists of four chapters that investigate the causes and consequences of
fails-to-deliver (FTDs) in US stock markets. In Chapter 1, I present a brief history of US trade …

This study fills an important gap in the literature on loss realization aversion. It shows how a
'sophisticated'sub-set of investors, namely short-sellers, react to losses. Using daily data on …

Annual rates of return, maximum drawdown rates, Sharpe ratios, average holding periods,
differences from the consecutive losses and total trades, obtained based on a pairs trading …

Verðbréfalán (e. security lending) er forsenda fyrir fjármálagjörninginn skortsölu sem er eitt
af viðurkenndum verkfærum fjárfesta á fjármálamarkaði. Þrátt fyrir að verðbréfalán og …