After the public debut of Trump's Truth Social, the stock $DJT has become the costliest US stock to bet against. Short sellers are facing annual financing costs of over 150% to borrow shares, with some reporting fees as high as 600%. The borrowing costs and short interest have made $DJT the most expensive US company to short, with some questioning the rationale behind shorting the stock.
Zero shares of $DJT available to be borrowed at Interactive Brokers. Borrow cost is nearly 600% annualized. $DWAC. https://t.co/3uZHdcrwmN
…. Why Anyone is 🩳 shorting this ponzi coin 🪙 $DJT with a 547% borrow fee? Just beyond me …… atleast wait for shares to become available or trump to dump? 🩳 passing shares back and forth ….. they’ll probably drive this fee to 1000% …. $DJT has more in common with… https://t.co/VTLWthmV4N
$DJT ❖ Trump’s Truth Social costliest US stock to bet against after wild public debut Short sellers now face annual financing costs of more than 150% to borrow the necessary shares, according to the firm. “With short sellers staying in this trade even while paying over 250…
Trump’s Truth Social costliest US stock to bet against after wild public debut https://t.co/oVRYqnSNAo https://t.co/G9ygR2JnDH
The short interest on $DJT is 4 mil shares on a float of 134 mil shares yet it's the most expensive (read usurious) borrow stock loan is one part of the market that is ripe for disruption and reform
The prices on long-dated put options for @realDonaldTrump's newly merged $DJT are absolutely insane Plus - most available shares have been sold short - borrowing costs make it the most expensive US company to short Gamma squeeze incoming? Dumber for longer. https://t.co/KPoIz2QwQ3