Nov. 13 at 12:27 PM
$NEOV 1. SHORT P&L AT CURRENT PRICE (
$4.89)
Average short entry:
$3.50
Current price:
$4.89
Unrealized loss per share:
$4.89 −
$3.50 =
$1.39 per share
Loss percentage:
$1.39 ÷
$3.50 = +39.7% loss
Total loss across 1,484,534 shorted shares:
$1.39 × 1,484,534 ≈
$2,064,500 unrealized loss
Short sellers are now more than
$2.0 million underwater.
📌 2. CARRY COST (Borrow Fees) SINCE JANUARY
Borrow rate has been rising:
• Early year: ~14–15%
• Recent trend: 18.33% APR
If shorts have been holding since January (~10.5 months):
Approximate blended borrow cost:
Assume average borrow fee for the year: 16.5% APR
16.5% × (10.5/12) = 14.44% cost of carry
Cost per share from borrow fees:
$3.50 × 14.44% = ~
$0.50 per share in cumulative borrow fees
Total borrow fees paid:
$0.50 × 1,484,534 ≈
$742,00
📌 3. Total Estimated Short Loss (P&L + Borrow Fees) Shorts are carrying ~
$2.8 million in losses as of today.
That is substantial for a microcap—they are very likely feeling pressure.
