Q: Any idea on the borrowing cost to short the stock on top of the $0.21/ share dividend.
I’ve asked the question before that is are the short sellers making any coin from their strategy
I’ve asked the question before that is are the short sellers making any coin from their strategy
5i Research Answer:
Borrowing costs can vary widely from broker to broker, but might be 3% for a stock like EIF. The stock is up 41% in a year and shorts have to pay a 4.85% dividend, so they certainly are not making money recently.