hedge, based on Fas explanation of sales of Fri due to Russell, short interest had to be an insider play who knew this was coming. They short they win,the cover and are still ahead.That is what it appears to me . Your thoughts? Should be illegal .
Russell rebalance is a process and the last revision of the list of who was in or out was last Friday. ( a week ago)
Did you notice the last trade of Friday a week ago ? Big block below bid crossed.
Anyway....I am sure some of the shorts were more than willing to pick up a quick trade.