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Does anyone know if IB charges Hard-to-borrow interest for stocks sold short and covered the same day, or is the interest charged for overnight holds only? [I got different answers when I called IB] Also, is the interest charged the "Fee rate" or "Rebate rate" shown in the SLB tool? For HTB...

I developed a trading strategy that has worked for me for about a year now. In summary I use E*Trade Pro to short mostly hard-to-borrow stocks at market open and cover with a 20% gain or until a stop loss is reached. Even with borrow fees the strategy is working well for me for my purposes...