Don't think so. Rates are still exorbitant. IMO selling begets selling. Same as any other stonk. Oh and the fact PE is still over the moon, since profits are just about non-existent.
Implied rates have plummeted. 35 day was like 11 dollars borrow cost last week and is like 3 now percent is about the same but dollar is lower.
At least IB has shares to borrow now,a week ago that wasn't the case. Could be getting hammered by day traders,they dont even pay that fee.
Stopped trading (long or short) stocks long time ago, but I do believe whether or not a short trade is carried into next trading day or not there is a locate fee. Nothing is free, even commission-free trading isn't really free (spread).
I checked it a couple of times today and IB had about 14k shares available to short,so there wont be any special locate fee,just the CTB fee. Of course that 14k amount changes frequently.
Zoom out - downtrend Zoom in - also downtrenf Big picture - downtrend Small picture - also diwntrend. Anyway congrats to OP for earning tons of $$$$$