Jul. 15 at 5:59 PM
$NITO Cost to Borrow (Recent)
July 11 Friday
2,100,000 shares available
CTB ~30.88%–35%
July 13 Weekend
Still ~2,100,000 shares available
CTB 35.13%
July 14 Monday
📉 Dropped to 1,100,000
CTB ticked up to ~32.46%
July 15 Today
📉 Dropped again to 850,000
CTB jumped to 36.99%
Friday to today, the available borrow has been cut by more than 1.2 million shares
> 2,100,000 → 850,000 🔻 -1,250,000 shares (approx. -60% drop)
🔍 Why This Is Important
This isn’t normal borrow drift over a few days. When you see
Inventory cut by 60% in 48 hours
Borrow fee rising almost 7% (30% → nearly 37%)
it usually means:
✅ More shorts leaning in HARD, trying to suppress any rally.
✅ Borrow desks running low on inventory to lend.
✅ If news hits, they’re exposed.
✅ This is exactly how the setup for a forced cover squeeze can look
Any funding news, compliance plan, or large buyer stepping in could ignite it because
It’s becoming harder to find shares to borrow
They’ve cornered themselves if sentiment flips
