Extreme Borrow Costs for SLBT
SLBT is currently experiencing a massive spike in short interest, which has risen 41% over the past week to 84,492 shares. The surge is reportedly driven by an activist stake and weak technical performance. Most notably, the cost to borrow (CTB) for the stock has reached an extreme level of 222% APR, indicating that shares are exceptionally difficult to locate for shorting. This high borrow fee, combined with the rapid increase in short interest, suggests that the stock is under significant pressure and may be prone to high volatility as short sellers pay a premium to maintain their positions.
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.