The cost to borrow for WGS has doubled to 0.43%, marking a 102% increase over the past week. This rapid escalation in borrowing costs is a classic indicator of tightening supply in the securities lending market, often preceding or accompanying short squeeze conditions. Investors should note that this data, sourced from Ortex, reflects real-time lending market dynamics rather than the stale, bi-monthly official short interest figures. The sharp rise in CTB suggests that market participants are finding it increasingly expensive to maintain or initiate new short positions in the name.
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.