http://www.shortman.com.au/stock?q=Sxy
I agree it should be raised at the AGM just to be in the open but other than that your post is a bit confusing.
I can't remember SXY ever being shorted 15% and on shortman it says its highest shorted volume in the last three years was just under 10%.
That's means there was more then enough other substantial holders that could have lent it out to short, it doesn't have to come from just one.
Just my opinion.
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