InvestorsHub Logo
Followers 15
Posts 1430
Boards Moderated 0
Alias Born 02/20/2017

Re: BottomBounce post# 13687

Thursday, 03/04/2021 8:19:14 PM

Thursday, March 04, 2021 8:19:14 PM

Post# of 141052
HedgeFund keeping the price low so all those short borrowing fee means nothing. Thats candy money to them.

Here's an example:

You borrow 100 shares of AMC to short. You hold the shares past 5:30 p.m. ET and sell them the next day. At the end of the day, the stock was valued at $130 per share, making your total short position $13,000 (100 share x $130). Now suppose that the stock is in high demand, so your borrow rate is at 20%.

Your borrow fee for the day would be (20% x $13,000)/365 = $7.12. The borrow rate shown in the borrow rate agreement is an estimate of what the borrow rate for your investment will be.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AMC News