Cap Re held Fido added

[Gator]

Thx Gator, It's very interesting that (unless some of our institutions are loaning their stock out, and I suspect that) that the real stock float is only about 11 million shares, more than the total short interest last count (11.5 million)

Of course some on the list are loaning out the stock.  One must be "long" to loan it out to the shorts.  Most funds do loan out the stock to increase returns.  The only other source of loaned shares is margin accounts.  If an person holds a stock, and uses margin, the broker can (and will) lend the stoock to someone willing to short it.  The broker make two commisions (buy and sell) and two fees (stock loan, margin interest).  I remember looking at the earnings of one of the big online brokers, they lose money on every transaction, but make it up on margin and fees.