... for short sellers. Short sellers can gain similar profits, and bear less risk, if they put off increasing their short positions until after the disclosure. JEL Classifications: G32; M40. SEC comment letters short selling social connections We thank two anonymous reviewers, Jing Chen, Xia...

...Kemin Wang; Rencheng Wang; K. C. John Wei; Bohui Zhang; Yi Zhou ABSTRACT Using the Regulation SHO program as a quasi-experiment, we document that the threat of short selling has a negative effect on the volume of opportunistic insider selling and a positive effect on its profitability for each...

... University, Georgia State University, and Tilburg University. Editor's note: Accepted by Gregory S. Miller, under the Senior Editorship of Mark L. DeFond. July 2016 July 2018 2019 earnings guidance 8-K filings voluntary disclosure short interest short selling Prior...

... and abnormal stock returns than high TI/BI. We find that short sellers and insiders arbitrage BTD mispricing, but the arbitrage is imperfect because of constraints on short selling and insider trading. Under SFAS No. 109 the predictability is stronger for TEMP/BI...

... in equity lending fees around the dividend record date. For short sellers, potential reimbursement costs are associated with a significant decrease in short volume before the ex-dividend date followed by a significant increase after the ex-date. Prior research shows that short selling improves price...

... facilitate the front-running. Chakravarty and Li (2003 ) use proprietary audit trail transaction data and suggest that dual traders at the Chicago Mercantile Exchange do not engage in front-running. 2013 short selling insider sales front-running information...