| Sup = 0 | Sup = 1 | ||
| Year ≥ 2015 | Year < 2015 | Year ≥ 2015 | Year < 2015 |
Short | 0.0777** | 0.0925** | 0.1544*** | 0.0640* |
| (2.0550) | (2.0491) | (4.0279) | (1.7731) |
CROA | 1.5722*** | 1.4298*** | 1.8103*** | 2.0238*** |
| (5.9201) | (13.2604) | (5.6948) | (13.7661) |
Short × CROA | 0.9733** | 0.8740** | 0.3644 | 0.3745 |
| (2.2928) | (1.9855) | (0.8121) | (1.1760) |
N | 1605 | 4176 | 1686 | 5029 |
Adj_R^2 | 0.2686 | 0.3448 | 0.2869 | 0.3150 |