Interest rates for short sell RECT
$Rectitude Holdings (RECT.US)$ The interest rates for short sell RECT is all time high - 15.43% despite interest rate cut. Imaging still having short sellers still short selling RECT despite high interest rate of 15.43% means that there is investment interest in RECT which led to do such shorts. Amazing it. Short sellers are subjected to high interest rates and only potential gain of US$3.18 per shares, yet they are shorting means they are interested in RECT. Amazing. Hopefully this can translate to long term investors, Lets grow to the future in long term.
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