You can view shares available for short sale on the Quote tool as well as the Single, Multi-, and Directed Trade tickets. On the Quote tool, locate the field labeled Shortable Shares and select the Show link to see if any shares are available for short sale for your chosen security.
Trade tickets will populate the Shortable Share amount once you enter a security in the Symbol field and choose Sell Short in the Action dropdown. The number of shares that are available for short sale will be displayed next to the quantity field and Hard to Borrow securities requiring finance charges are identified with an HTB icon. Hovering on the HTB icon or the Shortable Sale amount displays the number of shares available to short as well as the estimated annual interest rate to borrow the shares.
The following designations can appear:
1MM+ shortable: Over 1,000,000 shares are available to short.
1 to 999,999 shortable: The actual number of shares available to short is being displayed.
1 to 999,999 HTB: The actual number of shares available* to short is being displayed, but the security is hard to borrow (HTB) and thus requires a financing charge. Hovering on the shares will display the estimated annual interest rate.**
Call Fidelity HTB: The actual number of shares available* to short are unknown, but the security is hard to borrow (HTB) and thus requires a financing charge. Hovering on the Call Fidelity text will display the estimated annual interest rate** and contact number for Fidelity in order to potentially locate shares.
Call Fidelity: The actual number of shares available* to short are unknown. Hovering on the Call Fidelity text will display the contact number for Fidelity in order to potentially locate shares.