Question - available shares to borrow
With 800,000 shares available to be borrowed as of 10:15am, why aren't HF's gobbling these up to use in tanking the price later? Do the new SEC/DTCC rules have something to do with this? Or is this just not worth my time to think about?
Posted Apr 6, 2021, 2:22 PM UTC
22
Not worth your time to think about.
It doesn't really matter right now since the price to borrow doesn't move, and even if it does, the hedge funds likely do not have the same costs as you and me.
Sometimes you can see downward movement close to shares being on loan, but don't fret it moving from 0-200 000 over a night or something like that.