FYI...Short Interest Ratio Vs Borrow Cost, Or How
Post# of 11038
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borrow cost for short selling a stock is very highly correlated with corporate borrowing costs.
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The way I interpret very high borrow costs is that the stock is a popular short, which we can see from the very high levels of absolute short interest, but also a very unpopular long position. To get hedge funds and other special situation operators to buy the shares, you have to entice them with a very high yield. However once you have lent out a stock, if you then decide you want to sell it, you need to carry out a recall, which means the short seller needs to buy it back and return it before you can actually sell it. This means there will be a few days to weeks, when long investors cannot sell, and short sellers have to buy. This creates an environment where a stock can only go one way.
https://www.zerohedge.com/markets/short-inter...t-squeezes
I WONDER WHAT THE BORROWING COST IS ON CRGP?
$13
$CRGP
Calissio Resources Group, Inc. (CRGP) Stock Research Links
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If the broker-dealer fails to deliver for 13 days, the regulation imposes a “close out” duty to purchase and deliver securities “of like kind and quantity.”
https://www.bloomberg.com/opinion/articles/20...ify%20wall
https://www.scotusblog.com/case-files/cases/m...v-manning/