Short sellers hardly make sustained profits: Ajay Bagga on Hindenburg

Market expert Ajay Bagga said US short seller Hindenburg Research may have shut down because it was operating in a grey area. "Short sellers hardly ever make sustained profits. That's why the few who do, like in 2008, are celebrated so much," said Bagga, adding, "From time to time during times of economic distress, many markets formally ban short selling."