no broker chargers the short around 12% they make the spread. We get the 9% which fluctuates. A week ago it was 8.5%. Just think about it the short has to make 12% to break even. This is a total win:) these shares sre going nowhere but up for the next 3 to 5 years.
I haven't received a penny yet, but I believe it is 9% to me since I am loaning my shares to Fidelity, my deal is with them, what they do with it I don't know, they tell me they placed collateral with Bank of America to protect my assets. But I will see what happens when they pay and let you know.