MAG MAGNA CORP. (MGNC) — Cost to Borrow & Stock Loan Fee
Latest borrow fee for MGNC: 33.13% per year (as of Apr 11, 2026 2:07 AM ET) . Shortable shares available: 4,000.
Frequently asked questions
What is the cost to borrow MGNC?
The latest borrow fee for MGNC is 33.13% per year, sourced from IBKR.
Why does borrow fee change?
Borrow fees rise when fewer shares are available to lend and fall when supply grows. Low-float, high-interest names often show sharp intraday fee spikes.
How often is CTB updated?
finshort polls IBKR throughout each trading session. Borrow fees and shortable share counts are refreshed every few minutes during market hours.