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PUBLICATIONS

[1] After Hours Short Selling, with D. Alldredge and T. Brough, 2012,Forthcoming at the Journal of Economics and Business

[2]
Comparing the Information in Short Sales and Put Options with C. Wade, 2012, Forthcoming at Review of Quantitative Finance and Accounting

[3]
Informed Short Sales and Options Introductions (sole authored), 2012, Forthcoming at Annals of Finance

[4] Do Short Sellers Trade in Anticipation of Short Interest Announcements, with B. Van Ness, and R. Van Ness, 2012, Forthcoming at the Journal of Trading

[5] Short Interest and Frictions in the Flow of Information (sole authored) 2012, Financial Management 41, 371-394.

[6] Trade-Size and Price Clustering: The Case of Short Sales with B. Van Ness and R. Van Ness, 2012, Journal of Financial Research 35, 159-182.
            - Lead Article

[7] Short Sales, Stealth Trading, and the Suspension of Price Tests with T. Brough, 2012, Quarterly Review of Economics and Finance 52, 38-48.

[8] Concentrated Short-Selling Activity: Bear Raids or Contrarian Trading?, with T. Brough, 2012, International Journal of Managerial Finance 8, 187-203.
            - Special Issue on Short Selling

[9] Short Selling around Dividend Announcements and Ex-Dividend Days, with K. Fuller and R. Van Ness, 2012, Journal of Corporate Finance 17, 628-639.

[10] Informed or Speculative: Short Selling Analyst Recommendations, with C. Wade, 2012, Journal of Banking and Finance 36, 14-25.

[11] Short Selling ADRs and Foreign Market Short-Sale Constraints, with R. Van Ness and R. Warr, 2012, Journal of Banking and Finance 36, 886-897.

[12] Information in Short Selling: Comparing NASDAQ and the NYSE with B. Van Ness, and R. Van Ness, 2011, Review of Financial Economics 20, 1 - 10.

[13] REIT Short Sales and Return Predictability with M. Hill and H. Wang, 2011, Journal of Real Estate Finance and Economics 42, 481-503.

[14] Is the Trading of Inverse ETFs a Bearish Signal, with T. Brough, 2011, Journal of Trading 6, 32-40.

[15] Short Selling in Volatile Markets with B. Van Ness, R. Van Ness and R. Wood, 2010, Journal of Trading 5, 14-27.

[16] Signaling, Free Cash Flow, and Nonmonotonic Dividends with K. Fuller, 2010, Financial Review 45, 21-56.

[17] Short Selling and the Weekend E¤ect for NYSE Securities with B. Van Ness and R. Van Ness, 2009, Financial Management 38, 603-630.

[18] Information and Trade Sizes: The Case of Short Sales, with B. Van Ness and R. Van Ness, 2009, Quarterly Review of Economics and Finance 49, 1371-1388.

[19] Intraday Stealth Trading: Which Trades Move Prices During Periods of High Volume? with B. Van Ness and R. Van Ness, 2009, Journal of Financial Research 32, 1 –21.

[20] Capitalizing on Catastrophe: Short Selling Insurance Companies around Hurricanes Katrina and Rita with R. Van Ness and C. Wade, 2008, Journal of Risk and
Insurance 75, 967-996.

[21] Flexibility and Dividends with K. Fuller, 2008, Journal of Corporate Finance 14, 133-152.

[22] An Analysis of Short Selling in NYSE-Listed Securities with B. Van Ness and R. Van Ness, 2006, Journal of Trading 1, 14-21.

PAPERS UNDER REVIEW

[1] Short Sales, Informed Trading, and Merger Announcements, with K. Fuller, and C. Wade 2012, Revise and Resubmit at the Journal of Corporate Finance

[2] REITs and Market Friction with J. Eggington, and M. Hill, 2012, Revise and Resubmit at the Journal of Real Estate Finance and Economics

[3] Do Short-Selling Prophets Currently Pro…t from Short Selling Around Earnings Announcements with M. Pinegar, 2012, Revise and Resubmit at the Journal of Empirical
Finance

[4]
Short Sales and Option Listing Decisions, with T. Brough, 2012, Revise and Resubmit at Financial Management

[5] Short Sales, Class-Action Lawsuits, and Potential Information Leakages, with P. Tew, 2012, under review

[6] Short Sales and Auditor Dismissals, with T. Brough, N. Stephens, and J.L. Smith, 2012, under review

[7] Analyzing the Substitutability of Short Sales and Put-Call Ratios, 2012, with T. Brough, under review

[8] Throwing in the Towel: When Short Sellers Fail-to-Deliver Price Reversals, with T. Brough, 2012, under review

[9] Corporate Lobbying and the 2008 Troubled Asset Relief Program, with T. Brough, and D. Thomas, 2012, under review

[10] Divergence of Opinion and Open Market Share Repurchases, with K. Fuller, M. Walker, and H. Wang, 2012, under review

[11] Equity Options and the Efficiency of Underlying Stock Prices, with T. Brough, 2012, under review

[12] Do Short Sellers Anticipate A.M. Best Ratings Changes? with A. Liebenberg and C. Wade, 2012, under review

WORKING PAPERS


[1] Shorting Skewness with M. Pinegar, 2012, under review

[2] Skewness, Short-Sale Constraints, and the Asymmetric Price Response to Earnings Announcements, 2012, with M. Pinegar, working paper

[3] Autocorrelation in Short-Sale Volume 2012, with J. Smith, working paper

[4] Signaling Pessimism: Short Sales, Information, and Unusual Trade Sizes, 2012, working paper

[5] Intraday Trading by Informed Short Sellers, with T. Brough and Y. Zhang, 2012, working paper

[6] Short Sellers' ’Informational Advantage and the Turn-of-the-Month Anomaly, 2012, with A. Shkilko, working paper

[7] Information or Speculation: What Motivates Pre-Earnings Announcement Option Activity?, with D. Alldredge and M. Pinegar, 2012, working paper

[8] Economic Freedom and the Stability of Security Prices: A Cross-Country Analysis, with T. Brough, and D. Thomas, 2012, working paper

[9] Gambling in the Options Market and the Stability of Stock Prices, with T.B. Bowles, 2012, working paper

[10] Short Sales and the Soft Information Contained in Earnings Announcements, with J. Delisle and M. Price, 2012, working paper

[11] The Reaction of European Credit Default Swap Spreads tot he U.S. Credit Rating Downgrade, with B. Roseman, 2012, working paper

[12] Frictions in Information Flow: A Comparison of Bank Holding Companies and Similar Non-Financial Companies, with T. Brough and T. Griffith, 2012, working paper