Are BBBY's borrow rates on the rise?

However, BBBY's borrow rates are on the rise. Currently, they're at least six times higher than they were during most of the first half of the year. Since the beginning of August — when BBBY became more popular among retail investors on social media — rates have been rising steadily.

Is BBBY a good stock to short?

BBBY's borrow rates have been on a strong upward trend since June. The current scarcity of shares available for lending also indicates that short sellers must be increasingly resourceful to short BBBY. (Read more from Wall Street Memes: BBBY Stock: Meme Season Has Begun) What Is a Stock Borrow Fee?

How much does Bed Bath & Beyond borrow?

The latest Interactive Brokers data shows that the annualized borrow rate for Bed Bath & Beyond is currently 6.5%. So far, the BBBY borrow rate peaked at the end of July, when it reached 8.4%. Figure 2: Bed Bath & Beyond borrowed shares.

What is Bsby rate?

BSBY Rate means, for any BSBY Rate Loan for any Interest Period, the rate per annum determined by the Agent by dividing (the resulting quotient rounded upwards, at the Agent’s discretion, to the nearest 1/100th of 1%) (a) the BSBY Screen Rate two (2) Business Days prior to the first day of such