Short Selling, page-82

From the Wall Street Journal
“Stock-picking fund managers are more willing than ever to lend their shares to other investors, including the short sellers who bet against those investments.Many traditional fund managers for years dismissed the loans as unprofitable and unbecoming given they enable short sellers, those investors who sell borrowed shares and then repurchase them at lower prices. Short sellers, they have argued, artificially lower stock prices and are too focused on the short term.But recently, more fund managers are embracing the loans because they need the cash”