Theresa Perrin
Self-Directed Investor & Trader, Former Hospice Nurse
Direct Digital Holdings could get wild because there are almost no shares left to short. Robinhood shows none available with a 103.5% cost to borrow and Fintel 200 shares at 108%, which is why it is moving. The micro-float stock hit $2.78 pre-market with the same chart pattern Future FinTech showed before its breakout. x.com x.com x.com x.comÂ
Allbirds looks set to grind higher as it runs out of shares to borrow, with the borrow rate up to 330%. Shorts are being sucked in while algos try to take control of the float, and little new borrow is expected to come online, so the move should continue for the next few days. x.com x.comÂ
Falcon's Beyond Global is worth maybe $2 a share in the best case, about 80% downside. Its huge move on a virtually non-existent valuation makes no sense and is largely due to a restricted float. Its borrow rate is finally below 20%. x.com x.comÂ
GoPro should eventually be a good short, though it may squeeze first. The stock was a failed YouTuber pump, then crushed by its M&A deal, under which holders get an equity stub in the AI business. That deal likely drew many short sellers, and with zero shares left to borrow at IBKR, it squeezed from $1.3 to $1.7, a setup similar to Beyond Meat or Bird. x.com x.com x.com x.comÂ
