Highest Borrow-Fee Stocks Today: June 23, 2026 — Hard-to-Borrow Rates
ATPC is the costliest name to borrow at 658.6% annualized as of June 23, 2026, with 12 names landing in Tapeboard's hard-to-borrow or extreme tier.
TL;DR: As of 10:50 PM ET on June 23, 2026, ATPC carries the highest IBKR borrow fee in Tapeboard's market-wide ranking at 658.6% annualized. GOVX ranks second at 250.2% and NRDY third at 50.8%, both as of June 23, 2026.
The costliest name to borrow on a market-wide basis is ATPC at 658.6% annualized as of June 23, 2026. Fees on today's list span 0.5% to 658.6% annualized; the median is 6%. Ultra-high rates in the triple-digit range typically flag distressed or nearly un-locatable names — very-low-float, post-reverse-split, or recently IPO'd stocks where shares are almost impossible to source in the lending pool — rather than conventional short squeeze setups. A high cost to short is a scarcity signal, not a directional one.
Today's Hard-to-Borrow Rate Table
| Rank | Symbol | Annualized Borrow Fee | Rebate Rate |
|---|---|---|---|
| 1 | ATPC | 658.6% | −655.0% |
| 2 | GOVX | 250.2% | −246.6% |
| 3 | NRDY | 50.8% | −47.2% |
| 4 | OST | 49.2% | −45.6% |
| 5 | LCID | 33.3% | −29.7% |
| 6 | OPAD | 27.0% | −23.3% |
| 7 | CETX | 26.5% | −22.8% |
| 8 | BYND | 25.9% | −22.3% |
| 9 | BIRD | 19.1% | −15.4% |
| 10 | SPCE | 12.5% | −8.9% |
| 11 | FNGD | 12.3% | −8.7% |
| 12 | CRMT | 11.8% | −8.2% |
| 13 | XRX | 6.0% | −2.3% |
| 14 | ABCL | 5.3% | −1.7% |
| 15 | ALPP | 4.7% | −1.1% |
| 16 | FUBO | 3.8% | −0.2% |
| 17 | OCGN | 2.9% | 0.7% |
| 18 | IBRX | 1.8% | 1.8% |
| 19 | INDI | 1.3% | 2.3% |
| 20 | GRPN | 1.3% | 2.3% |
| 21 | CSIQ | 1.2% | 2.4% |
| 22 | EVGO | 1.0% | 2.7% |
| 23 | RXRX | 0.6% | 3.0% |
| 24 | BTDR | 0.6% | 3.1% |
| 25 | ARCT | 0.5% | 3.1% |
*Source: IBKR Securities Lending rates as compiled by Tapeboard, June 23, 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 23, 2026, 12 names on today's market-wide list fell in the hard-to-borrow or extreme tier. The concentration is steep: a handful of triple-digit and high-double-digit names sit far above the pack, while the back half of the list clusters near the elevated and normal boundaries, with several names below 2% as of June 23, 2026.
What a High Borrow Fee Signals
An annualized borrow fee is the stock-loan cost a short seller pays to hold a short position. A high fee reflects scarcity in the lendable pool — there are few shares available to borrow relative to demand. Critically, a high fee does not by itself predict a squeeze. Names carrying triple-digit fees are often distressed, very-low-float, post-reverse-split, or recently IPO'd stocks where shares are almost impossible to locate; a high cost-to-short is not the same as squeeze potential. In Tapeboard's composite squeeze score, the borrow fee is weighted 25% alongside short interest, price momentum, and volume. For the full weighting, see the methodology.
Frequently Asked Questions
Which stocks have the highest borrow fees today?
As of June 23, 2026, the three costliest names to borrow are ATPC at 658.6% annualized, GOVX at 250.2%, and NRDY at 50.8%. These are market-wide ranks across all IBKR-tracked securities, not a squeeze-candidate shortlist.
What is considered a high stock borrow fee?
Tapeboard categorizes annualized borrow fees as normal (under 2%), elevated (2–10%), hard-to-borrow (10–50%), and extreme (above 50%). A fee in the hard-to-borrow or extreme tier means shares are scarce in the lending pool and expensive to short. A high fee signals cost and scarcity — it is not on its own a directional or squeeze signal.
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. These rates are daily, not real-time intraday, and may differ from rates quoted at other brokers.
Data and Methodology
Borrow fee: IBKR Stock Loan Availability, updated daily each evening, market-wide across all tracked securities. Rebate rate: IBKR Securities Lending data, shown where available; a negative rebate means the borrower pays an additional cost on top of the fee. 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.