Recall
Definition
When a securities lender demands the return of shares lent out for short selling, forcing the borrower to close their short position or find shares from a new lender. Recalls often happen around dividend records, AGM voting, and corporate actions.
Related Terms
Securities Lending
The process by which shares are borrowed from institutional holders (like superannuation funds) to facilitate short selling. Lenders receive a fee for making their shares available.
Short Squeeze
A rapid increase in a stock's price caused by short sellers rushing to cover their positions. When many shorts try to buy shares simultaneously, it can drive the price up dramatically, forcing more shorts to cover.
Short Covering
The process of closing out a short position by buying back the shares that were previously sold short. Also called 'covering' or 'closing a short'.
See short selling in action
Explore real-time ASIC short position data for ASX stocks.