I shorted ERUS before trading freeze. Will I be able to close out this position and how?


I opened a short position on ERUS on feb 28th. Then on March 4 trading was halted for ERUS, leaving me with a hard to borrow position accruing interest at 20% which is frozen and cannot be closed.

Any ideas on how this will resolve? I assume this won't remain frozen forever and that it will either trading will resume or it will get written as zero. But I'm not really sure and I have never been in this situation before. Is there any actions recommended for me to take preemptively during this period or do I just have to sit and wait out the freeze?


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *