Lend TSLA: 1.50%
Lend SCTY: 15.00%
Thought that all the shorts would have covered on SCTY with the recent fall, but it appears that they did the opposite. Or maybe there is some non-obvious factor at play.
I think there is another non-obvious factor at play, some posts suggested that even though SCTY had high rates, the posters themselves could no longer lend those shares. So for SCTY there was a rate squeeze but not a share availability (short squeeze). Quite different to Tesla early 2013. Similar to how SCTY unsecured bonds have a very high rate on them.
Its a little like Greece, debt is not a problem, until it is a problem.
the entities lending out the short shares seem to think the shorters had a debt problem, and jacked up rates to match. remember Shorters borrow shares.
Someone collected a lot of money, and it wasn't those long or short.