Investigation of factors affecting short interest in the Australian Stock Exchange Cover Image

Investigation of factors affecting short interest in the Australian Stock Exchange
Investigation of factors affecting short interest in the Australian Stock Exchange

Author(s): Dagmar Linnertová, Oleg Deev, Martin Cupal
Subject(s): Evaluation research, Financial Markets
Published by: Masarykova univerzita
Keywords: short interest; Australian Stock Exchange; short sell; ETFs; determinants;
Summary/Abstract: ETFs (Exchange Traded Funds) represent financial innovation that combines characteristics of mutual funds with advantages provided by continual exchange trading. ETFs shares can be also used for specific operations such as short selling or trading on margin. Because of minimal regulation the short sell interest (SI) with ETFs is several times higher than short sell interest with common stocks.