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Beneish et al., 2015 - Google Patents

In short supply: Short-sellers and stock returns

Beneish et al., 2015

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Document ID
1287945906339478452
Author
Beneish M
Lee C
Nichols D
Publication year
Publication venue
Journal of accounting and economics

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Snippet

We examine the economic determinants of short-sale supply, and its consequences for future stock returns. Lendable supply increases with expected borrowing costs and decreases with financial statement constructs that indicate overvaluation. Although rising …
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