Highest Borrow-Fee Stocks Today: June 22, 2026 — Hard-to-Borrow Rates
ATPC leads Tapeboard's market-wide hard-to-borrow ranking on June 22, 2026 with an annualized borrow fee of 781.2%, while 10 names on today's list fall in the hard-to-borrow or extreme tier.
TL;DR: As of 10:50 PM ET on June 22, 2026, ATPC carries the highest IBKR borrow fee in Tapeboard's market-wide ranking at 781.2% annualized. GOVX ranks second at 244.6%, and QH ranks third at 240.0%.
The costliest name to borrow on a market-wide basis is ATPC at 781.2% annualized as of June 22, 2026. Fees on today's list span 0.5% to 781.2% annualized as of June 22, 2026; the median is 6.7%. Ultra-high rates in the triple-digit range typically flag distressed or nearly un-locatable names — stocks where shares are so scarce in the lending pool that borrowing costs become prohibitive — rather than conventional short squeeze setups. Today's ranking covers the full IBKR securities-lending universe and reflects end-of-day data compiled by Tapeboard as of June 22, 2026.
Today's Hard-to-Borrow Rate Table
| Rank | Symbol | Annualized Borrow Fee | Rebate Rate |
|---|---|---|---|
| 1 | ATPC | 781.2% | −777.5% |
| 2 | GOVX | 244.6% | −241.0% |
| 3 | QH | 240.0% | −236.4% |
| 4 | NRDY | 63.2% | −59.6% |
| 5 | OST | 49.2% | −45.6% |
| 6 | BYND | 38.7% | −35.1% |
| 7 | OPAD | 29.2% | −25.6% |
| 8 | CETX | 26.3% | −22.7% |
| 9 | LCID | 26.1% | −22.5% |
| 10 | BIRD | 19.4% | −15.8% |
| 11 | BBAI | 9.9% | −6.3% |
| 12 | RUM | 9.0% | −5.4% |
| 13 | ALPP | 6.7% | −3.1% |
| 14 | CRMT | 5.9% | −2.3% |
| 15 | ABCL | 5.3% | −1.7% |
| 16 | IBRX | 3.1% | +0.5% |
| 17 | GRPN | 1.3% | +2.3% |
| 18 | INDI | 1.3% | +2.3% |
| 19 | RNA | 1.2% | +2.4% |
| 20 | CSIQ | 1.1% | +2.5% |
| 21 | EVGO | 1.0% | +2.7% |
| 22 | RXRX | 0.7% | +2.9% |
| 23 | BTDR | 0.7% | +3.0% |
| 24 | CRMD | 0.6% | +3.0% |
| 25 | CORZ | 0.5% | +3.1% |
*Source: IBKR Securities Lending rates as compiled by Tapeboard, June 22, 2026 10:50 PM ET. Market-wide ranking across all IBKR-tracked securities. Not investment advice.*
Borrow-Fee Tiers
Tapeboard categorizes annualized borrow fees as normal (under 2%), elevated (2–10%), hard-to-borrow (10–50%), and extreme (above 50%). On June 22, 2026, 10 names on today's market-wide list fell in the hard-to-borrow or extreme tier.
The top four names — ATPC at 781.2%, GOVX at 244.6%, QH at 240.0%, and NRDY at 63.2% as of June 22, 2026 — all sit in the extreme tier, where locating shares through standard lending channels is exceptionally difficult. OST (49.2%), BYND (38.7%), OPAD (29.2%), CETX (26.3%), LCID (26.1%), and BIRD (19.4%) each fall in the hard-to-borrow tier as of June 22, 2026. At these fee levels, elevated cost typically reflects very-low-float conditions, distressed fundamentals, or post-reverse-split share structures rather than building squeeze pressure. The remaining 15 names on today's list carry normal or elevated fees, indicating far greater share availability.
What a High Borrow Fee Signals
An annualized borrow fee is the cost a short seller pays to borrow shares and maintain a short position for one year at today's rate. A high fee reflects scarcity in the lendable pool — fewer shares are available to borrow relative to demand from those seeking to establish short positions. It does not by itself predict a short squeeze.
Names with triple-digit fees are often distressed, very-low-float, post-reverse-split, or recently IPO'd stocks where shares are almost impossible to locate. High cost-to-short is not the same as squeeze potential. Short sellers paying elevated fees incur a compounding drag on each day a position remains open, which can force closures — but a broad short-covering event that constitutes a genuine squeeze also requires meaningful short interest and sustained upward price momentum to materialize.
Borrow fee is weighted 25% in Tapeboard's composite squeeze score; the remaining 75% accounts for short interest, price momentum, volume, and other factors. See the methodology for a full breakdown of how each factor is weighted.
Frequently Asked Questions
Which stocks have the highest borrow fees today?
As of 10:50 PM ET on June 22, 2026, the three most expensive stocks to borrow in Tapeboard's market-wide ranking are ATPC at 781.2% annualized, GOVX at 244.6%, and QH at 240.0%. All three fall in Tapeboard's extreme borrow-fee tier (above 50% annualized), indicating that shares are scarce or nearly impossible to locate through standard lending channels as of June 22, 2026.
What is considered a high stock borrow fee?
Tapeboard defines four tiers: normal (under 2%), elevated (2–10%), hard-to-borrow (10–50%), and extreme (above 50%). Most freely traded equities carry fees well under 2%. A fee above 10% signals meaningful scarcity in the lending pool; fees above 50% are rare and typically associated with very-low-float, distressed, or post-reverse-split names where lendable supply has dried up.
Where do these borrow rates come from?
Tapeboard compiles IBKR Securities Lending borrow fees daily and refreshes them each evening across the full market universe. Rates are daily snapshots, not real-time intraday figures, and may differ from rates available at other brokers depending on each firm's lending inventory and individual client agreements.
Data and Methodology
- Borrow fee: IBKR Stock Loan Availability data, updated daily each evening, covering the full market-wide IBKR-tracked universe.
- Rebate rate: IBKR Securities Lending data where available; reflects the annualized rate credited (positive) or charged (negative) to the borrower.
See today's full squeeze analysis for the 7-factor composite ranking, or the hard-to-borrow leaderboard for the live pillar.
This post is for educational and informational purposes only and is not investment advice. Borrow fees reflect securities-lending conditions reported in IBKR's daily data; they are not real-time intraday rates and may differ from rates at other brokers. A high borrow fee does not constitute a buy or sell signal. Short selling carries unlimited downside risk. Editor: Marcus Reilly.