Lightwave Logic Inc (LWLG)

[iDraco]

I was curious so I opted in for the stock yield program at IB. If Xena is right they will lend out my shares anyway so better to get some profit out of it. I don't think my 27k shares will make a noticeable difference anyway.

The day after the opt in most of them were lend out. As in 26934 lend out and 66 still available. That number fluctuates every day a little bit. Even had a day when IB borrowed 26999 shares and 1 was left.

CTB was 60% at the beginning 2 weeks ago and yesterday it was 49%. Yesterday was also the first day all my LWLG shares were borrowed by IB. My share of the cut is around 120$/day it seems so not bad for doing nothing. But I don't really get the calculation behind it.

Will use this interest to buy more LWLG ofc.

I also noticed that IB has between 50k and 500k shares available to short on most days. Not sure if I saw a day with 0 shares available to short. Very possible that this number changes during the day.

Anyway, I hope this information is useful for someone.