Dillard Shorts Get ArmaDillar’d
I have been writing a good deal about Event-Driven trading lately on this site; largely because the results have continued to be so strong and I feel that by sharing a few of the strategy types, I can get your mental gears rolling.Q2 2020 hedge fund letters, conferences and moreDillard's, Inc. Shares RallyThree weeks ago, I wrote about the unusual situation at Dillard's, Inc. (NYSE:DDS) where there were more shares short than in the float at a time when the company was actively buying back shares and shrinking the float. The cue that something was imminent, was the increase in borrow cost. As ...