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Posted On: 04/21/2022 7:34:07 PM
Post# of 148892
The cost to borrow gives a better idea of the amount of true short selling going on. That is people actually betting that the stock will go down.
Shortablestocks.com is a great resource: https://shortablestocks.com/. You have to register to see the data over a 6 month time frame.
Right now the cost to borrow CYDY is just under 20%, and it's stayed about the same for the year to date. It was higher last year, around 25% during the 13D insanity and has been that high at other times in the last couple of years.
So short interest is relatively high compared to most stocks right now per usual but not at all time highs for us. I'm in another OTC stock that always gets a good bit of shorting and its cost to borrow is only a little over 8% for comparison.
Shortablestocks.com is a great resource: https://shortablestocks.com/. You have to register to see the data over a 6 month time frame.
Right now the cost to borrow CYDY is just under 20%, and it's stayed about the same for the year to date. It was higher last year, around 25% during the 13D insanity and has been that high at other times in the last couple of years.
So short interest is relatively high compared to most stocks right now per usual but not at all time highs for us. I'm in another OTC stock that always gets a good bit of shorting and its cost to borrow is only a little over 8% for comparison.
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