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borrow-cost spike squeeze fuel

Updated dailyData needs: mediumlong only
paper
2018
Source
Engelberg, Reed & Ringgenberg 2018; Drechsler & Drechsler 2014
Citation only, paper link pending.

In plain terms

When the fee to borrow a stock for short selling suddenly jumps, it can signal a coming short squeeze, so the strategy buys the stock for a few days.

How it works

A spike in the stock-loan borrow rate (and a hard-to-borrow flag) marks short demand overwhelming lendable supply, the precondition for a short squeeze. High borrow cost also caps further shorting, so the downside is mechanically pinned, and the family treats a borrow-rate spike as squeeze fuel.

No live results for this strategy yet. Charts appear once it has earned a top spot on at least one stock, either on its own or as part of a blend of several strategies.
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Data dependencies

  • Stock borrow rates

    Daily borrow-fee curve from prime-broker feeds.

  • Daily prices

    Adjusted-close OHLCV for every US-listed ticker; primary price feed.

Expected edge

Borrow-fee shocks predict a near-term reversal/squeeze higher because elevated borrow cost both signals crowded shorts and mechanically caps additional short pressure.

Related families

Explore borrow-cost spike squeeze fuel on alphactor.ai

See which tickers this family is currently firing on, with live signals and rankings.

For informational and educational purposes only. Not financial advice. Learn more