Tidal ETF Trust Constrained Cap (ORFN) — Cost to Borrow & Stock Loan Fee
Frequently asked questions
What is the cost to borrow ORFN?
Cost to borrow (CTB) is the annualized rate a broker charges to lend out ORFN shares for short selling. It varies throughout the trading day based on supply and demand.
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.