Replies to post #4314 on Synaptogenix Inc (SNPX)

[SF Wolf]

Not exactly, the interest rate is what the Broker charges. That is not what you get. Schwab, for example, splits the borrow cost with you so you would get 50% in your example. Also, divide by 365 days. Schwab makes out like a bandit - half of the interest on your loaned shares.