If they have a track record of short selling, it wouldn’t make sense for them to buy the stock - profits from shorting require borrowing the stock, selling it high and then buying it back cheaper before returning the stock to it’s original owner.
Unless they have a track record of lending stock to others for the purpose of short selling, which of course might indicate that they could do this with those 5 million shares.
Ann: Becoming a substantial holder from MUFG, page-7
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$11.72 |
Change
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Mkt cap ! $1.869B | |||
| Open | High | Low | Value | Volume |
| $11.58 | $11.81 | $11.55 | $7.210M | 615.6K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 340 | $11.71 |
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| Price($) | Vol. | No. |
|---|---|---|
| $11.73 | 2019 | 2 |
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