SLB Borrowing Market Update
As of September 1, 2026, Schlumberger (NYSE: SLB) maintains a borrow fee of 0.30%. With 10,000,000 shares currently available for lending, the market for shorting SLB appears well-supplied.
Understanding Borrow Fees
For traders, the borrow fee (or cost to borrow) is a critical metric. A fee of 0.30% is considered low, reflecting high availability and a lack of immediate 'hard-to-borrow' status. When a security is hard-to-borrow, broker-dealers often pay interest to the lender, resulting in a negative rebate fee. In the case of SLB, the current data suggests that short sellers are not facing significant friction in sourcing shares for their positions. Traders should continue to monitor these borrow fee fluctuations, as a sudden spike in the fee or a collapse in available shares could signal a change in institutional sentiment or a potential squeeze setup.
Signal data sourced from ChartExchange. 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.