Short Selling

How Long Are Shorts Informed? Evidence from Short-Sale Positions

Are short sellers' informed on their trade initiation? Does their alpha decay rapidly? Novel transaction-level data say yes!

Unveiling Mutual Funds' Securities Lending

Value lending facilitates short sellers exploiting firm-specific information, while volume lending serves general hedging demand.

Market Power in the Securities Lending Market

Reject and Resubmit at American Economic Review