Mar. 21 at 12:17 PM
School In, Lesson 1: The Daily "Rent" on 26 Million Shares
Renting
$NLST isn't free. Shorty must pay a "Borrow Fee" (interest) to brokers each and everyday (including weekends) they hold the debt of their IOUs.
The Real Numbers (as of March 20, 2026):
Shares Short (approx): 26.4 Million
Current Price (approx):
$1.65
Market Value of Shorty's Debt (approx):
$43.5 Million
Current Estimated Borrow Fee: 22% (Think nightmare Credit Card from Hell!)
@ 22% interest, the "Shorty collective" is paying roughly
$26,000 every single day just to stay in the game. That’s
$182,000 a week bleeding out of their pockets while you sit for free. Why do we sit free?
Cause we own the shares. They don't. They need us, we don't need them.