hard to borrow question

Discussion in 'Trading' started by cashclay, Aug 14, 2023.

  1. cashclay

    cashclay

    if a stock is hard to borrow or it’s locate fees are high does that mean fundamentally that the stock has a bearish sentiment ?
     
  2. newwurldmn

    newwurldmn

    No.

    It just means there aren't a lot of shares to borrow

    A long term holder owns a lot of the stock, they may not want to lend it out.

    Or there could be a corporate action which might encourage holders to not lend out their stock (like a special dividend or a stock election).
     
    TheMordy, TrailerParkTed and cashclay like this.
  3. cashclay

    cashclay

    thank you
     
  4. TrAndy2022

    TrAndy2022

    Yes good assumption. But the chances on any smaller stock which is not the in main popular stock index has like a 90% chance of underperforming. And 40% go bust. So yes, the chances to take short positions on them are higher in tendency. If you want to examine a good short strategy then you could research on reverse splits. Those stocks are good to short because they tend to go lower after reverse splits. Just to make an example. And they usually are also hard-to-borrow. You can also backtest this I think with Portfolio123 website (as gold standard here). I would give a 1 month shot here to know the results what you have said if I were you.
     
    Last edited: Aug 14, 2023
  5. what you said could be true, but as i have 250 stocks in my portfolio, i watched very closely those with HARD TO BORROW, has more bearish sentiment and tend to fall further, since many people have shorted it , there are no much shares left for shorting .. Please Tell me If it's otherwise ?
     
    cashclay likes this.
  6. newwurldmn

    newwurldmn

    It could also mean that the stock is overvalued and smart money is shorting it.
     
  7. Ava

    Ava

    Difficulty in borrowing shares and high locate fees can impact trading strategies, but they don't always directly correlate with the stock's fundamental outlook.
     
  8. Individual stocks: anything can happen. As a group they should underperform.
     
  9. d08

    d08

    It's a pretty good indicator of bearish sentiment. But these stocks are good bear traps too, especially when dumb money goes short.
     
    Maverick2608 likes this.