Borrowing Costs Spike for PCT
PureCycle Technologies (PCT) is witnessing a sharp increase in the cost to borrow its shares. According to Ortex data, the borrow fee surged 134% over the past week, reaching 30.6% APR—the highest level seen in months. This spike in borrowing costs coincides with short interest climbing to 37% of the company's float. The combination of rising short interest and tightening share availability suggests that short sellers are aggressively adding to their positions despite the increasing cost of capital.
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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