Margin Loans and Margin Interest and Short Sales

online bankingShort Sales

To record a short sale transaction in Quicken, you just sell a stock you don’t own. To show that these are shares you actually owe your broker, Quicken displays the number of shares and the current market value as negative amounts in the Portfolio view. To record the transaction in which you close out your short position by buying the stock you’ve previously sold, you record a stock purchase in the usual way. Continue reading