Squeezing Shorts Through Social Media Platforms

This paper greatly benefited from the valuable suggestions of two anonymous referees, an anonymous associate editor, and Will Cong (the department editor), as well as Ross Askanazi, Robert Battalio, Patrick Bolton, Matthew DeAngelis, François Degeorge, Amy Edwards, Francesco Franzoni, Laurent Fresard, Terry Hendershott, Emily Kim, Pete Kyle, Stan Markov, Felix Meschke, Paul Meyerhofer, Albert Menkveld, Dmitriy Muravyev, Min Park, Neil Pearson, Matt Peterson, Kevin Pisciotta, Julia Reynolds, Roberto Riccó, Duane Seppi, Elvira Sojli, Lorien Stice-Lawrence, Le Guenedal Théo, Eric Weisbrod, Bob Whaley, Xiaoqing Eleanor Xu, and the participants at the 2024 American Economic Association Meetings, the 2024 Financial Accounting and Reporting Section (FARS) Midyear Meetings, the 2022 Western Finance Association Meetings, the 2022 European Finance Association Meetings, the 2022 Annual Conference on Financial Market Regulation, the 2022 Swiss Finance Institute (SFI) Research Days Gerzensee, the 17th Annual Meeting of the German Finance Association, the 2021 Financial Management Association Meetings, the University of Kansas School of Business Finance Seminar, and the 2021 Paris December Finance Meetings. The views expressed in this article are solely those of the authors, who are responsible for the content, and do not represent the views of our employers. Any remaining errors are our own.