Subject: Re: Corporate Debt -- Short Screen
Based on the picks of the updated screen, I checked the top 15 picks at Fidelity today to see what shares would be available to short:
Ticker Shortable Fee (% annualized)
BYND Y 40%
LAZR Y 52%
RSLS Y 192%
IRBT Y 0%
WOLF Y 50%
NBR Y 0%
WULF Y 0%
JELD Y 0%
AMRC Y 0%
CABO Y 0%
STSS Y 105%
KSS N
TROX Y 0%
VSTS Y 0%
DNUT Y 0%
Of the 15, 14 are shortable, but many at a very high fee (Hard To Borrow cost). However, 9 of the 15 are available to short at no cost, which honestly was a bit better than I thought it might be.
I plan to continue to research this screening idea a bit, and if I find anything else of interest, I'll be sure to post.
Appreciate everyone's input - and especially lizgdal for the screen definition, and recent picks.
Lee