Elevated Borrow Costs for WKHS
Workhorse Group (WKHS) continues to experience elevated borrow fees, currently sitting at 27.50%. This reflects a challenging environment for short sellers who are paying a premium to maintain their positions. With 23.8% of the float sold short, the stock remains a focal point for those tracking high-short-interest names in the EV sector.
Market Dynamics
Data indicates that the days-to-cover ratio for WKHS is approximately 7.6, suggesting that it would take over a week of average trading volume for short sellers to fully cover their positions. This metric is a key indicator of potential liquidity constraints during a short-covering event. The combination of high borrow fees and a significant days-to-cover ratio makes WKHS a stock to watch for potential volatility.
Signal data sourced from Tapeboard. 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.