STX 8.82% 18.5¢ strike energy limited

Thanks for posting 618. Very interesting in general, also that...

  1. 8,483 Posts.
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    Thanks for posting 618.
    Very interesting in general, also that Omni Bridgway, Weebit Nano and Strike are all high of the top short-stocks listed.
    But I'm just wondering what advantage there is in a hedge fund manager who is shorting a stock, pushing up the price on the last day of the FY (i.e. rather than closing out position and locking in profits). It is all about locking in performance for the next financial year (i.e. by inflating the opening price on day 1 and then hammering it)?
    I'm familiar with the notion of window dressing by fund managers, but just trying to see how a hedge fund shorter would actually benefit from this sort of thing.
    Last edited by invertedva: 02/07/24
 
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