High Utilization and Borrow Constraints
GameStop (GME) remains a focal point for short-selling activity. According to near-real-time estimates from Ortex, the stock maintains a high percentage of float sold short. Unlike the stale bi-weekly FINRA reports, Ortex models this data from securities-lending markets, providing a more current view of open positions. The high utilization rate—nearing capacity—suggests that the cost to borrow shares remains elevated, creating a challenging environment for new short sellers. Investors should note that while the official FINRA short interest figure is the regulatory standard, the Ortex model provides the necessary intraday visibility into the ongoing battle between short sellers and retail sentiment.
Signal data sourced from Ortex. 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.