Short-sellers target AirAsia amid questions over accounting

Singapore

SHORT-SELLERS are targeting AirAsia Bhd amid accounting worries at Asia's biggest budget carrier, with its shares among the most borrowed securities in South-east Asia in recent weeks, data shows.

Loaned stock for Malaysia's AirAsia rose to a high of 47 million shares on June 23 from seven million two weeks prior to that, according to data from financial software company SunGard Astec Analytics.