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by HoyaSaxa 2602 days ago
Short interest is really an irrelevant number. That number could be largely skewed by derivatives, corporate actions, etc. Additionally, foreign brokers do not have to report short interest to the SEC.

In regards to borrow rates, there are some sources that are fairly accurate, but usually only to prime brokers themselves. There is no public exchange.

Interactive Brokers is the only retail broker that I know of that is fairly transparent and fair in terms of borrow rates.

1 comments

Even if they're skewed, it's still borrow on the existing floating shares?, no? I mean directionally - can it not mean that - even a small piece of good news will cause exponential movement due to shorts having to be covered.