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  • Do Short-Sellers Profit from Mutual Funds? Evidence from Daily Trades
    Arif, Salman; Ben-Rephael, Azi; Lee, Charles M C IDEAS Working Paper Series from RePEc, 01/2014
    Paper
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    Using high resolution data, we show that short-sellers (SSs) systematically profit from mutual fund (MF) flows. At the daily level, SSs trade strongly in the opposite direction to MFs. This negative ...
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