Jun. 26 at 3:30 PM
$SMCI:
$SMCI shares available to borrow got down to 4.9M of 10M shares available to short this morning. Since then a few million have been covered. 2.8 M left to buy back according to the ONE brokerage reporting here: https://chartexchange.com/symbol/nasdaq-smci/borrow-fee/
$SMCX: The CTB went from 19 percent to 23 percent. Zero shares were available to borrow yesterday: https://chartexchange.com/symbol/nasdaq-smcx/borrow-fee/
As much as I love shorts becoming future
$SMCI investors, buying twice, etc, maybe it's time to give it a rest and find another of the thousands of overbought, overvalued stocks out there to bet against. (CRWD at 100+ fpe, etc. )