PCT Borrowing Costs and Short Interest Spike
Polymer (PCT) has experienced a significant surge in short-selling activity, with the cost to borrow jumping 134% over the past week to reach 30.6% APR. This represents the highest borrowing cost for the stock in several months. Concurrently, short interest has climbed to 37% of the company's float. The combination of rising short interest and tightening share availability indicates that bearish sentiment is intensifying. Market participants should note that the elevated borrow fee is a direct reflection of the difficulty in sourcing shares, which often precedes increased volatility in stocks with high short interest.
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.