What do I do if my short stock position has been delisted?

Account holders maintaining a long security position (e.g. stock or bond) that is worthless but has not yet been cancelled by the depository may submit a request to have that security removed from their account via a process referred to as Dollar for Lot.  Here, IBKR will take over the worthless position for a nominal payment of USD 1.00 as consideration…

If a stock stops trading the shares remain in the account until they either start trading again or until the shares are removed by the depository (DTC in the case of US securities).  That could be a short time or a very long time. It is important to remember that as long as the halted shares are in the account they will have a current margin requirement.  In addition, if you have a short stock position you may be charged short stock interest if applicable.  Investor bulletins from the SEC and Finra are available at the following links:…

Subscription rights will remain in client accounts until the depository or clearing agent removes them from our holding. Once removed, they will be removed from the account. This process may take several days after the close of the rights subscription period to complete…

IBKR will continue to reflect shares of securities which are no longer listed for trading until the depository removes the shares from our account. In the event an account was holding a short position, this may result in borrow fees being charged to the account for an extended period…