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Say you want to short $10,000 worth of TSLA shares, what kind of margin interest rate are you paying? Is it 8%/yr?
by MuffinFlavored 6y ago
Say you want to short $10,000 worth of TSLA shares, what kind of margin interest rate are you paying? Is it 8%/yr?
- sokoloff 6y agoI've held the shares short for short enough time that I haven't gotten tagged with any charges yet to give you actuals. The interest is super-low in any case, so when you're shorting shares that have moved parabolically, you're probably not worried about whether the borrow is 1% or 4% per year (or at least I'm not).