DD Support Board and Research Team

[bar1080]

Yikes! "Investors Who Shorted Russia ETFs Now Stuck_Paying Never-Ending Fees"

"(Bloomberg) -- Investors who bet against ETFs tracking Russian assets in the build up to the Ukraine invasion made the right call -- and they’ve been paying the price ever since."

Stocks linked to Russia plunged following the outbreak of war and subsequent economic punishment meted out to the country, vindicating bearish wagers. But sanctions also made trading Russian securities almost impossible, leaving short sellers unable to exit their positions.

The result? Investors who shorted -- sold borrowed shares with the intention of buying them back more cheaply before returning them -- are still borrowing, paying the associated fees indefinitely."

https://finance.yahoo.com/news/investors-shorted-russia-etfs-now-120343906.html