Tired of unavailable shorts at IB

Discussion in 'Interactive Brokers' started by newestmember, Nov 17, 2004.

  1. Bob111

    Bob111

    from day to day number is changing significantly. i have their list saved for like 5 months from now(using it for backtesting purposes) and number of total stocks can be from 3K to 6K(for all US exchanges)
    anyway-let us know, if you find something better than that. i'm really interested in such info.
    Thank you!
     
    #21     Nov 24, 2004
  2. IB has about 5500 stocks available to short; pretty good certainly not perfect. I normally have no trouble shorting with them. Tradestation otoh is not very good for shorting.

    DS
     
    #22     Nov 24, 2004
  3. Toonces

    Toonces

    #23     Nov 24, 2004
  4. Toonces

    That list looks like a joke - it is simply not true.

    Try these today:

    - BOOM, 3.2mill volume, $17 stock
    - PACT 7.2mill volume, $11 stock
    - LMIA 1.4mill volume, $7.50 stock

    They are not on the list - and they are not available for short. Trust me: there a lot more stocks that are not on the list and are not available for borrow either.

    Best,
     
    #24     Nov 24, 2004
  5. Bob111

    Bob111

    #25     Nov 24, 2004
  6. Bob111

    Bob111

    interesting, that those are not on 11830 list was mentioned above, but if you enter ticker here-
    http://www.interactivebrokers.com/p...y=lmia&cntry=usa&tag=United+States&ib_entity=

    it says -it is on 11830 list
    looks like joke to me too :D :D :D
     
    #26     Nov 24, 2004
  7. JORGE

    JORGE

    I doubt you will find a locate anywhere on these issues, the float on all 3 is under 4 million and 50% of that is held by insiders. If somebody is able to borrow them I'd love to hear where.
     
    #27     Nov 24, 2004
  8. PACT was available yesterday at IB - but not today - all of a sudden it is no longer available for borrow.
     
    #28     Nov 24, 2004
  9. JORGE

    JORGE

    Yeah, I've had that happen to me a lot on these low float momo stocks. I would still think the shares would be hard to borrow almost anywhere. Good luck if you find them.
     
    #29     Nov 24, 2004
  10. JanP

    JanP

    Of the three, only PACT is available to short at MyTrack today. MyTrack clears through Penson and I rarely have trouble finding shortable stocks. When I do, I enter a short request and they contact Penson and find it probably 90% of the time.
     
    #30     Nov 24, 2004