Fee Available Updated 103.6 % 500 2021-08-11 09:15:03
If I'm reading this right hard to borrow rate is 103.6% annually. The broker(etrade) takes a 50/50 split with the lending shareholder. This works out to over $15 per 1k shares per day to the shareholder based on the numbers I used earlier $10.75 closing pps. As pps goes up so does the daily amount paid to the shareholder all else equal.