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So either:1. A prospective accumulator, wanting to short to...

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    So either:

    1. A prospective accumulator, wanting to short to manipulate it down, to accumulate cheaper. Price rises in the medium term, and you gain the extra fee too.
    2. A regular shorter, expecting it to fall. In which case, you'd be losing anyway - being wrong by being long, but lending the shares offsets a bit of your loss.

    The shorting only brings forward some sell demand.
    Your shares get sold today, driving down the SP today.
    Your shares have to be bought back at a later date, adding some buying demand at that point, driving up the SP.
    Last edited by danbradster: 30/06/22
 
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