- Entry
- $53.72
- Final
- $52.29 -2.7%
- Target
- $800.00
- Score
- 0.00
NEGG has the short percentage of the float at 1.68%. However, the interest rate on Fidelity is nearly 500% and 1,000% on IBKR. I'm holding my shares indefinitely till a minimum price of $800. I'm in pure profit currently from the extremely high interest rate. If there is a squeeze the charts suggest the buy pressure could easily cause a candlestick from $40 to $800, as we are building support within the Ichimoku cloud on the monthly chart. No shares …
— ORIGINAL POST ·
Why are NEGG interest rates so high when the short percentage of the float is so low?
· r/investing
· Oct 6, 2025