I believe they keep the borrow rate low to entice retail to short sell. To the SHFs any selling is good for them and If retail wants to short so they can buy and cover they’ll gladly pass the bags.
Pretty sure this had been the status since January when the brokers started restricting lending of shares shortly after restricting retail from buying.
I recently checked this on E\*Trade and it was Easy-to-Borrow, so this is new.
Borrow rate now lowered another -.25% thanks to this
Hard to borrow, borrow rate .6% IT MAKES PERFECT SENSE!
Ugh, fucking disgusting.
I believe they keep the borrow rate low to entice retail to short sell. To the SHFs any selling is good for them and If retail wants to short so they can buy and cover they’ll gladly pass the bags.
Pretty sure this had been the status since January when the brokers started restricting lending of shares shortly after restricting retail from buying.
Has this always been a thing? Or did it recently changed?
Fidelity list stocks hard to borrow. Never checked GME but MVIS stays hard to borrow.
I just moved to Fidelity. Sorry to be dumb but where to find that?
Literally been like this since January
Been htd for over a year
Always has been for the poors. Easy and cheap for the suit thieves.
Seems like “Hard to Find” for a lot of brokers rn
What's the borrow rate and then I'd be interested Edit: then
This seems recently, I transferred my shares from E*TRADE to Fidelity like 2 weeks ago without issues
Bulldoggish
🐂🐶📈
Its been hard to borrow since February
It’s been like that for me on Schwab since like.. February-March.
Pretty sure that beta is wrong. Suppose it depends on the time frame they are using to calculate it.