Update on short sales at IB brokersShort stock availability on the US brokerage site for IB was only around 60K just a short time ago....
As of this AM its 626K shares EXROF. I checked with the brokerage to see if the shares could be traded on either exchange..... no they cant. So these are EXROF shares. JMHO, but this shows significant accumulation of these shares in accounts at IB.
Also AND I KNOW THIS SOUNDS CRAZY...... They are paying an annual interest rate to the customer on the loanable shares of EXRO at 15.77%....... and yes I have the number right. It says the interest rate earned by IB is 31.54%...... they split 50/50 with the customer..... and by back calculating the interst earned to my account, the numbers are correct!
I consider this stock to be a budding star for me. I have made a fairly serious cash commitment ( for me) and actually signed up for the securities lending program, as I would love to see a short squeeze going forward, and actually participate in it.
Does anybody have access to the short report that would be current to Feb 15? I use Stockwatch, and they dont publish till 4 days later.
GLTA
MC