Borrowing Cost Spike
In a significant move for WLDN, the cost to borrow the stock jumped 208% over the past week to 0.48%. While this remains near historic lows, the rapid percentage increase highlights a sudden change in the lending market dynamics for the stock.
Current Positioning
Short interest currently stands at 11.5% of the float. Despite the spike in borrowing fees, availability remains high at 649%, suggesting that there is still ample supply for those looking to maintain or initiate short positions. The situation warrants monitoring to see if the borrow cost continues to trend upward or if the current supply levels keep fees suppressed.
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.