PureCycle Technologies (PCT) is experiencing a significant tightening in its lending market. Data indicates that the cost to borrow has surged 134% in just one week, reaching 30.6% APR—the highest level seen in months. This spike in borrowing costs coincides with a rise in short interest, which now accounts for approximately 37% of the company's float. The combination of high short interest and rapidly increasing borrow fees suggests that short sellers are aggressively adding to their positions despite the rising cost of capital, creating a high-risk environment for both bulls and bears.
Signal data sourced from Ortex. This post is an original analysis prepared by The Forensic Ledger from publicly available data. Not investment advice.
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