Broker with biggest inventory of shares to short?

Hi all,

For a guy like me who likes to short stocks - mostly those that are under $10/share - can you tell me which broker tends to have more shares available to short - ETrade or Interactive Brokers? I don't care much about HTB fees since I mostly trade intraday. Many thanks!!

Tom
 
Hi all,

For a guy like me who likes to short stocks - mostly those that are under $10/share - can you tell me which broker tends to have more shares available to short - ETrade or Interactive Brokers? I don't care much about HTB fees since I mostly trade intraday. Many thanks!!

Tom

why do you even care??? Naked shorts are all over the place.
 
Hi all,

For a guy like me who likes to short stocks - mostly those that are under $10/share - can you tell me which broker tends to have more shares available to short - ETrade or Interactive Brokers? I don't care much about HTB fees since I mostly trade intraday. Many thanks!!

Tom

u should care about htb fees because unlike interactive broker E*TRADE charges u the htb fee as soon as u enter the trade. What’s even worse is that E*TRADE charges u three days of htb fee interest if u short on Fridays regardless if u hold overnight or not.

i wasn’t aware of this and raked up thousand of dollars of htb fee with E*TRADE before I found out.
 
u should care about htb fees because unlike interactive broker E*TRADE charges u the htb fee as soon as u enter the trade. What’s even worse is that E*TRADE charges u three days of htb fee interest if u short on Fridays regardless if u hold overnight or not.

i wasn’t aware of this and raked up thousand of dollars of htb fee with E*TRADE before I found out.

yeah. The stock is immediately locked up for delivery three days later.
 
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