CFA Practice Question
When Frank repurchases 100 shares of Intel, which he shorted, he is ______.
B. covering a short position
C. profiting from a reverse split
D. buying on an uptick
A. buying on margin
B. covering a short position
C. profiting from a reverse split
D. buying on an uptick
Correct Answer: B
User Contributed Comments 2
| User | Comment |
|---|---|
| rfvo | or Closing his short position. |
| dipu617 | Thanks rfvo. |