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
Check us out, www.tradezero.us Facilitating shorts, especially in the sub $10 range is our specialty.
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.