Sustained Bearish Positioning in RH
Recent data from Tapeboard and FINRA consolidated files indicates that RH maintains a high level of short interest, currently measured at 35.3% of float. While the short squeeze score remains moderate at 40/100, the persistence of such a high percentage of float held short suggests that institutional and retail traders are maintaining significant bearish exposure.
Borrow Fee Stability
Despite the high short interest, the borrow fee for RH has remained relatively stable, hovering around 0.4%. This indicates that while the position size is substantial, there is currently no immediate 'short squeeze' pressure driven by a lack of lendable shares or prohibitive borrowing costs. Analysts should monitor these levels for any sudden spikes in borrow fees, which would serve as a leading indicator of a potential squeeze setup.
Key Takeaways
- Short interest is currently 35.3% of float.
- Borrow fees remain low at 0.4%, suggesting ample liquidity in the lending market.
- The stock's short squeeze score is currently 40/100.
The Bottom Line
RH remains a heavily shorted name, but the lack of borrow fee volatility suggests the current short position is stable rather than under immediate pressure.
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.