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Re: Egold post# 44998

Friday, 01/12/2024 4:52:14 PM

Friday, January 12, 2024 4:52:14 PM

Post# of 46841
The Borrow fee for IB is 8%, which tells you that there is not very much interest in shorting this stock.
The more interest there is in borrowing shares to short, the higher the fee goes. I like to compare it to the Express Lane in some cities.
The more crowded that the EL becomes, the higher the fee to travel in it. Raising the price discourages users.
Stocks that have a high interest in shorting, will have 200, 300, 400% fees and higher. One I played recently, had a fee of 467%.

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