Borrow Rate Analysis for SH
ProShares Short S&P500 (SH) is currently seeing borrow rates hover around the 4.04% APR mark as of early April 2026. Intraday data updated every 30 minutes shows a tight range between 4.00% and 4.05%, indicating a stable lending market for this inverse ETF.
Market Context
As an inverse vehicle, SH is frequently utilized by traders to hedge against S&P 500 downside. The stability in borrow fees suggests that there is currently sufficient supply of shares to meet demand, preventing the type of fee spikes often seen in more volatile, high-short-interest individual equities. Traders should monitor these rates for any sudden deviations that might indicate a shift in institutional hedging behavior.
Key Takeaways
- Latest borrow fee for SH is 4.04% APR.
- Borrow rates have remained consistent within a 4.00% to 4.12% range over the last few days.
- Intraday data updates every 30 minutes provide high visibility into lending costs.
The Bottom Line
Borrow costs for SH are currently stable, reflecting a balanced lending market for this popular inverse S&P 500 ETF.
Signal data sourced from Fintel. 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.