Cost to Borrow Tesla Shares for Shorting Hits 85%

[GenIIIBuyer]

Anyone have a quote on the cost to borrow right now. IB shows 0 shares available...

Hoping the Tesla 'dividend' courtesy of the shorts will be reinstated:tongue:

 

[Lump]

Fidelity active trader pro is showing 650k shortable shares at 1% annual interest rate.

 

[GenIIIBuyer]

Fidelity active trader pro is showing 650k shortable shares at 1% annual interest rate.

Thanks Lump, guess I jumped the gun. In the past, IB has been one of the last to run out of shares.

 

[Lump]

Fidelity owns 17 million shares, maybe they loan out shares when it benefits them.

 

[DonPedro]

This article seems/claims to have real-time knowledge of short interest: http://blogs.wsj.com/moneybeat/2013/08/08/chart-of-the-day-tesla-shorts-throw-in-the-towel/

Official end-July figures will be released after close tomorrow. Will do a Tsunamometer update then, I think.

 

[ppl]

This article seems/claims to have real-time knowledge of short interest: http://blogs.wsj.com/moneybeat/2013/08/08/chart-of-the-day-tesla-shorts-throw-in-the-towel/

Official end-July figures will be released after close tomorrow. Will do a Tsunamometer update then, I think.

Ok data out short interest increased, not a surprise. I believe this was after gs "upgrade". 20 mil shares. Of course we also had the may 7th huge drop probably significant increase in shorts. Volume yesterday 27 million. So my question....what happened to squeeze. Volume a lot less than any day of the week following 1st qtr report. Are all the shorts hedge funds without margin calls? There is no way they covered