In early February 2019, Kenneth Hayne submitted his report on the Royal Commission into Australian banking. Over the months preceding this report, an unusually large quantity of short selling was observed on banking stocks. The day after this report was publicly released, banking stocks soared upwards by around 5-6% in a single day In relation to these events, which of the following statements is true? Select one: The short sellers correctly anticipate in pride and entered short positions to profit from it The short sellers were expecting and recommendations of the Royal Commission were released, so enter that happened. The short sellers were aiming to pronome volatility in banking stocks. Short sellers were unaffected by the bank stocks because they would have already sold their shorted shares on the more before the release of the report