Workhorse Group (WKHS) is experiencing notable borrow market pressure, with annualized fees climbing to 27.5%. With 23.8% of the float currently sold short, the stock remains a high-conviction play for bearish traders. However, the rising cost of borrowing shares suggests that the supply of available stock is tightening. The 'days to cover' ratio of 7.6 indicates that it would take over a week of average trading volume for shorts to exit their positions, which significantly increases the risk of a liquidity-driven price spike. Market participants should watch for further fee expansion as a signal of continued borrow scarcity.
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.