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Short sale help


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8manxv
Philadelphia PA
 
Posts: 1 since Aug 2015
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Hi,
I'm trying to write a code that when a short sale is open for a sufficiently long time and is profitable that the program automatically "rebalances" the position, taking advantage of the increase in equity caused by the short sale profit.

I am currently doing this buy entering a buy to cover order for the entire position, then re-shorting the new larger number of shares. This is fine except for when shares are not available where it closes the position and is unable to re-short.

1) Is there a way to check the short inventory through easylanguage? (Using IB)
2) I've tried to only short the "profit' equity (i.e. if I had 100 shares short, the position profit gave me enough new equity for 10 shares, so I would short an additional 10 shares) but using functions under the GetPosition___ family don't seem to work.

Any ideas would be very appreciated!
Thanks


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