SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : MB TRADING -- Ignore unavailable to you. Want to Upgrade?

To: kaz who wrote (4048)2/24/1999 11:43:00 PM
From: Dan Swartzendruber  Read Replies (1) | Respond to of 7382
 
Quick question for anyone: what happens if I short a stock today, it splits and opens tomorrow at half of today's price? Do I need to cover with twice the number of shares or what?

My guess would be yes, since the short position in your account should be doubled up (just like a long position would have been).




To: kaz who wrote (4048)2/24/1999 11:45:00 PM
From: Dan Duchardt  Read Replies (1) | Respond to of 7382
 
The stocks you borrowed to sell short will double in number and each share will be approximately half the former value of the original shares. You must return all of what you borrowed, even though it has changed in character.. i.e. double the number of shares. So yes, you have to cover twice the number you shorted.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News