Maybe it is the KFN shareholders trying to protect themselves. The short increase started after the purchase announcement. This seems most logical to me. If this is the case, I think it should reverse soon.
As my recent posts show, I have given this considerable thought. This KFN deal is an all stock transaction, so I feel confident in my rationale and my long position in KKR. However, I am always open to other reasoned views. Thanks for your input. Do your own DD.
Sentiment: Strong Buy