Extreme Borrowing Costs for GRRR
Short sellers in GRRR are facing extreme headwinds, with the annualized borrow fee surging to 100.6%. This massive cost to borrow is a clear indicator that shares are extremely difficult to locate and that the market is pricing in a high risk of a short squeeze.
Position Analysis
With short interest at 24% of the float and a days-to-cover ratio of 4.6, the stock is in a precarious position. The combination of high short interest and a triple-digit borrow fee suggests that the cost of maintaining a short position is becoming unsustainable for many market participants. Investors should exercise caution, as the high borrow fee is often a precursor to significant volatility.
Signal data sourced from Tapeboard. 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.