Borrow Fee and Liquidity
As of the latest data from the Interactive Brokers lending desk, Agora Inc (API) is currently trading with a borrow fee of 3.0%. The availability of shares for shorting remains robust, with 9.1 million shares currently available to borrow. This indicates that while there is active short interest, the supply of lendable shares has not yet reached a critical scarcity point.
Intraday Trends
Recent readings show the borrow fee has remained consistent at 3.0% throughout the trading session, with no significant intraday spikes in cost or sudden drops in share availability. This suggests a stable environment for those currently holding or looking to initiate short positions in the stock.
Key Takeaways
- Current borrow fee is 3.0%.
- 9.1 million shares are available for shorting.
- Borrow fee has remained stable over the last 7 days.
- No immediate signs of a short squeeze based on current lending data.
The Bottom Line
API is currently experiencing stable borrowing conditions. While the fee is elevated compared to baseline, the ample supply of shares suggests that short sellers are not currently facing significant headwinds in maintaining their positions.
Signal data sourced from IBorrowDesk. This post is an original analysis prepared by The Forensic Ledger from publicly available data. Not investment advice.
Not investment advice. This is original reporting and analysis prepared by The Forensic Ledger from publicly available data. Nothing here is a recommendation to buy, sell, or hold any security. Always consult the original source and a licensed professional. See our full disclaimer and source-citation policy.