What’s Short Selling? Who Is Hindenburg Research?: QuickTake

If you buy low and sell high, chances are you’ll be richer and everybody will be happy. Sell low after borrowing high — what’s known as short selling — and you may be rich, but odds are that quite a few people will be displeased. Critics say that short sellers distort the market and that their practices can blur into market manipulation. “Shorts” say they’re keeping markets and companies honest. A series of negative reports from a short-selling firm, Hindenburg Research, have added fuel to the fire, as it targeted companies affiliated with Gautam Adani, one of Asia’s richest ...