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On Sep 10, 2020, Hindenburg Research (led by Nate Anderson, a former FactSet rep for Drexel) released a report critical of Nikola Corp (NKLA). Assuming
On Sep 10, 2020, Hindenburg Research (led by Nate Anderson, a former FactSet rep for Drexel) released a report critical of Nikola Corp (NKLA). Assuming that Hindenburg went short NKLA at the closing price on Sep 1, 2020 with an initial margin of 20% and covered their short position at the closing price on Sep 30, 2020, what approximately was their ROI on the shortsale ignoring transaction costs?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
