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Stocks A / Ares Capital Corporation

URL:  https://boards.fool.com/up-again-now-36-million-i-don39t-understand-32534610.aspx

Subject:  Re: Dec 15 Short Intrest Date:  12/29/2016  10:17 PM
Author:  buyandwin Number:  36 of 78

Up again. Now 36 million. I don't understand it. Just keeps increasing.

It probably ACAS holders hedging their position to protect their merger positions. From my standpoint as an ARCC shareholder it should create a floor going forward. A lot of those shorts will disappear as they are covered by ARCC shares received at the merger. Since the shorts have to pay the $0.38 quarterly divvies their might be a squeeze if the merger for some reason is delayed or cancelled.

b&w
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