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New Contributor
Posts: 4
Registered: ‎06-08-2017

Sell Tesla not being accepted

Have had a few shorts on Tesla recently. Today won't accept a sell. Says something about Borrow availability. Funds are fine
Esteemed Contributor
Posts: 2,148
Registered: ‎10-03-2016

Re: Sell Tesla not being accepted

Hi @Ashy,  seems odd, unborrowable usually applies to a stock in sharp decline and no provider for shorts can be found but that is not the case for Tesla, may just be a blip so try again or phone the dealing desk instead ( in UK open til 10 pm tonight).

 

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Community Manager
Posts: 1,052
Registered: ‎20-09-2016

Re: Sell Tesla not being accepted

So i've just checked bloomberg on this one and Tesla actually has a short interest of > 25% which is very high. Please give us a call and we can check for borrow in the market.