Highest Borrow-Fee Stocks Today: July 7, 2026 — Hard-to-Borrow Rates
JZ tops Tapeboard's market-wide borrow-fee ranking at 1007.6% annualized as of July 7, 2026, with 16 names landing in the hard-to-borrow-or-extreme tier.
TL;DR: As of 10:50 PM ET on July 7, 2026, JZ carries the highest IBKR borrow fee in Tapeboard's market-wide ranking at 1007.6% annualized. Close behind, BJDX sits at 973.7% and ATPC at 530.3%, rounding out today's top three hardest-to-borrow names.
The costliest name to borrow on a market-wide basis is JZ at 1007.6% annualized as of July 7, 2026. Fees on today's list span 1.6% to 1007.6% annualized; the median is 28.4%. Ultra-high, triple-digit rates like these typically flag distressed, nearly un-locatable, or recently reverse-split names rather than conventional short squeeze setups — a high cost to borrow reflects scarcity in the lending pool, not necessarily bullish momentum.
Today's Hard-to-Borrow Rate Table
| Rank | Symbol | Annualized Borrow Fee | Rebate Rate |
|---|---|---|---|
| 1 | JZ | 1007.6% | −1004.0% |
| 2 | BJDX | 973.7% | −970.1% |
| 3 | ATPC | 530.3% | −526.7% |
| 4 | CCHH | 302.0% | −298.4% |
| 5 | GOVX | 260.2% | −256.5% |
| 6 | RGC | 255.1% | −251.5% |
| 7 | QH | 175.5% | −171.9% |
| 8 | CLRO | 122.3% | −118.7% |
| 9 | INM | 100.1% | −96.5% |
| 10 | OST | 49.2% | −45.6% |
| 11 | SHFS | 39.9% | −36.3% |
| 12 | LCID | 32.7% | −29.1% |
| 13 | BYND | 28.4% | −24.8% |
| 14 | CPOP | 21.3% | −17.7% |
| 15 | TOPS | 20.3% | −16.6% |
| 16 | CRMT | 10.8% | −7.2% |
| 17 | SPCE | 9.7% | −6.0% |
| 18 | RUM | 9.1% | −5.5% |
| 19 | TDTH | 7.6% | −4.0% |
| 20 | IBRX | 2.6% | 1.0% |
| 21 | SKIN | 2.4% | 1.3% |
| 22 | BITO | 2.3% | 1.3% |
| 23 | XOP | 2.3% | 1.3% |
| 24 | INDI | 1.7% | 2.0% |
| 25 | GRPN | 1.6% | 2.0% |
*Source: IBKR Securities Lending rates as compiled by Tapeboard, July 7, 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 July 7, 2026, 16 names on today's market-wide list fell in the hard-to-borrow or extreme tier.
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, not a directional prediction. A high borrow 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 — high cost-to-short is not the same as squeeze potential. Borrow fee is one input among several: it is weighted 25% in Tapeboard's composite squeeze score, alongside short interest, price momentum, and volume. See the methodology for the full weighting breakdown.
Frequently Asked Questions
Which stocks have the highest borrow fees today?
As of July 7, 2026, JZ leads at 1007.6% annualized, followed by BJDX at 973.7% and ATPC at 530.3%. All three sit well above Tapeboard's extreme tier threshold of 50%.
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%). Fees rise as shares become scarcer in the lending pool.
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 snapshots, not real-time intraday feeds, and may differ from rates quoted at other brokers.
Data and Methodology
Borrow fee data comes from IBKR Stock Loan Availability, updated daily each evening across the full market universe. Rebate rate data comes from IBKR Securities Lending data, where available. 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.