NYLI MacKay Muni Short Duration (MMSD) — Cost to Borrow & Stock Loan Fee
Latest borrow fee for MMSD: 84.27% per year (as of Jul 10, 2026 11:21 AM ET) . Shortable shares available: 0.
Over the last window (Jun 15, 2026 – Jul 10, 2026) , borrow fees ranged from 84.27% to 94.17%, averaging 92.17% across 810 samples.
Frequently asked questions
What is the cost to borrow MMSD?
The latest borrow fee for MMSD is 84.27% 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.