Latest data shows the largest indicative borrow rate increases among liquid option names include: PureCycle Technologies (PCT) 27.55% +13.56, ProShares Ultra VIX Short Term Futures (UVXY) 33.10% +5.09, Lumen Technologies (LUMN) 5.90% +5.02, Imperial Petroleum (IMPP) 20.87% +4.10, Novadel Pharma (NVD) 11.27% +4.05, Luminar Technologies (LAZR) 57.86% +3.83, Sellas Life Sciences (SLS) 86.19% +3.75, ProShares Short Bitcoin Strategy ETF (BITI) 11.31% +2.87, SkyWater Technology (SKYT) 3.95% +2.68, and Sirius XM (SIRI) 177.42% +2.28.
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Read More on PCT:
- PureCycle Technologies put volume heavy and directionally bearish
- Largest borrow rate increases among liquid names
- PureCycle Technologies price target raised to $8 from $7 at Stifel
- PureCycle Technologies price target raised to $6 from $4 at Craig-Hallum
- PureCycle Technologies provides Q2 commercial update