Sun Pacific Holding Corp (SNPW)

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$SNPW> Also Shorting anything that is trading at or below $2.50 per share has a $2.50 per share requirement (so the requirement can actually be higher than 100% of the value of the position; this is set by FINRA)

Have you tried placing an order to short SNPW with Schwab?

I just tried and it cannot be done. And it has nothing to do with the reasons you stated. It's because either Schwab won't or can't execute short trades for most OTC tickers.