📈 [OC] GME Short Utilization & Cost to Borrow (Last 10 Days) — Utilization Falling, Borrow Rates Sliding

[OC] Visualization of GME's short utilization (%) and cost to borrow (%) over the last 10 trading days.

• Utilization has slipped from ~72% to ~69% 📉
• Cost to Borrow has gradually dropped from ~0.48% to ~0.42%

This simultaneous decline can mean:
– Short availability is increasing (or shorts are covering)
– Borrow demand is cooling off — which sometimes precedes volatility events
– Ortex SI% (Estimated) still shows elevated short interest

Curious to see if this is just a calm before earnings or a real shift in positioning. What do you think?

Data: Ortex / IBKR securities lending, chart made in Python (Matplotlib).