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No-Name Research

02/19/2021 12:04

$Palantir Technologies Inc. To short a stock you need to borrow the stock from someone. However, when a stock is overshorted, there is not a lot of stock left to borrow. Accordingly, the broker raises the cost associated with borrowing a stock because of simple supply and demand economics. High demand + low supply = higher short interest.

By the end of the day most shorts will rather cover than hold their position because the high interest rate offsets any potential gains.

This stocks current hard-to-borrow fee is 95%.
Disclaimer: The comments, opinions and analysis expressed herein are for informational and educational purposes only and shoulk not be considered as individual investment advice or recommendations. Webull is not responsible or liable in any way for comments posted by pur users.

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All Comments(4)

Louis Winthorpe III02/19/2021 12:18
The percentage of shorted stocks vs share outstanding is like 6%. This isnt a short squeeze opportunity. Learn the basics.

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meg***com02/19/2021 12:07
95% that's it seen htb stocks with 200% fee rate get shorted into the ground

No-Name Research02/19/2021 12:20

Yeah, but I’ve never seen a stock with growing revenue, large institutional backing, and huge growth potential, get shorted to the ground.

Once this hits $29 the short squeeze is going to be unbelievable.

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all***com02/19/2021 12:06
please more explanation..is this will increase PLTR stock price today ???

mik***com02/19/2021 12:09

It stacks the odds in that direction. It means there are already a lot of short sellers with borrowed shares, unlike stocks like GME this is a rapidly growing company with frequent catalysts.... aka people with short positions know theyre playing with fire, and knowing inflow of shorts will decrease due to high borrowing interest, More of them will be pressured to cover

Paradise Waterfall02/19/2021 12:09

Bruh stop getting advice from random people on the internet. Stay out of the stock market until you do more research.

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Bar***com02/19/2021 12:05
Don’t forget that shorts tend to like to get out over a weekend*

No-Name Research02/19/2021 12:08

Yes, as shorts have to buyback their shares in order to close their short position they creates buying pressure. The results in what is known as a short squeeze, i.e, what happened to gamestop.

Grantec that was the biggest short squeeze ever. The stock price should hit $30 soon, bare minimum. i would say $31-33 by the end of day.

Remember that people only sold because of the lockout period. Now that that’s ended this should come back with a vengeance.

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