The timing makes sense given the price action this

The timing makes sense given the price action this week. I'll assume etrade called me on Monday for the same thing and not to say hello.

Short crew needs more shared to borrow as they take the stock down this week. The stock currently is oversold so likely shorts will be tripping over each other covering and then buying back in.

I did look this up...

"The typical fee for a stock loan is 0.30% per annum. In case of short supply, when many investors are going short on a stock, the fee may go up to 20-30% per annum."

So Verb's 55% is crazy high and people must be willing to pay to find shares or else it wouldn't be that high. Whatever amount of shares that people are allowing to loan out, must already be loaned out but likely as people cover this week, there will be plenty again.

I took a look at Gamestop, AMC and others and it was small. The only other one I found crazy high is MRIN which is in the gang of short squeeze chatted stocks

Going to be fun watching Verb. Keep in mind institutions also short stocks.

https://fintel.io/ss/us/mrin

https://financetrain.com/short-selling-and-st...e%20lender.