Record Short Positioning
Scholar Rock (SRRK) has seen its short interest climb to a year-to-date high. This surge in bearish sentiment comes despite significant insider activity, including an $8 million purchase by a director that has already yielded a 24% gain.
Borrow Market Analysis
Interestingly, the surge in short interest has not translated into a tight lending market. Ortex data shows availability at 155%, meaning there are 1.5 shares available for every share lent out. Furthermore, the cost to borrow has dropped 30% over the past week to 0.45%. This indicates a fundamental disagreement between market participants rather than a supply-side squeeze, as the options market shows no signs of unusual stress with a put/call ratio of 0.69.
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.