Borrowing Scarcity in TSLL
Direxion Daily TSLA Bull 2X Shares (TSLL) has hit 100% utilization, a level tied to its 52-week high. This indicates that the supply of shares available for short sellers to borrow has tightened significantly, with only 7.2% of the total short interest currently covered by available lendable shares. This extreme scarcity in the lending market often precedes borrow fee spikes and indicates that the cost to maintain short positions in this leveraged ETF is likely to increase sharply.
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.