depending on the demand for shorting the stock. So that 40% interest rate was, I expect, only for a few days or so for SNAP. I'm signing the docs this weekend to enroll. What is intriguing to me is this also will be used as a more or less realtime indicator of the short interest in the stock, much better that the published short interest data that is old by the time we receive it. If I see the interest in any of my stocks reaching into the 30% range in a day, it will be time to sell the long position. Again, high interest means it is in great demand to borrow to short..
News 
Market Data 
Discover 
