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Bloomberg -- When the US punished Morgan Stanley for leaking upcoming stock trades to favored clients, it kept the list of recipients secret. Yet there are signs the appetite to bet against companies is growing again, after a shift in investor preferences in recent years to shorting exchange-traded funds and indexes instead. Nikkei 36, According to data released to BNNBloomberg. One rough but widely accepted way to gauge short rebates is the fed funds rate less a cost of borrow of 25 to 50 basis points.
