Rising Short Interest in GME
Recent data modeling from Ortex suggests that short interest in GameStop (GME) has seen a notable increase over the last 48 hours. While official FINRA short interest reports remain on a bi-monthly lag, our analysis of securities-lending data shows a clear divergence, indicating that institutional shorts are actively building positions.
Market Implications
This increase in short interest, coupled with elevated utilization rates, suggests that the cost to borrow shares is likely to face upward pressure. Traders should monitor the borrow fee closely, as a spike in the cost to borrow often precedes a squeeze setup in highly volatile names like GME. We are tracking this as a growing short position rather than mere intraday flow.
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.