Post by
Rotaluceps on Nov 11, 2022 3:41pm
Correction
I don't want to spread false information but the interest is not 32% to short Canopy. I made some calculation that were not giving me the interest rate. I will call my broker to clarify things.
Comment by
Doubleeagles on Nov 11, 2022 11:04pm
Right now the share holder is getting 2.75% to lend their shares. The broker dealer tacks on 3% so my guess is that the short is paying around 5.75/6% to short the stock. A few years ago it was 25%. Been lending my shares for 8 years now.