Comment on ETF - Exchange Traded Funds

SUPPOSE I HAVE LIQUID ETF IN MY ACCOUNT AND I SOLD ON MORNING. THEN USE THE MARGIN FOR SELLING IN INTRADAY TRADING PURPOSE AND AFTER THE COMPLETION OF TRADE I BUY BACK AGAIN BEFORE MARKET CLOSE.

WILL I GET DIVIDENT WITH THIS PURPOSE ?
WHAT WILL BE THE CHARGES?
WILL THIS GENERATE MORE RETURN?

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