Highest Borrow-Fee Stocks Today: September 7, 2026 — Hard-to-Borrow Rates
BIAF carries the costliest borrow fee on September 7, 2026 at 689.6% annualized, with 16 of the 25 names on today's market-wide list sitting in the hard-to-borrow or extreme tier.
TL;DR: As of 10:50 PM ET on September 7, 2026, BIAF carries the highest borrow fee in Tapeboard's market-wide ranking at 689.6% annualized. The next two costliest names are ATPC at 619.1% and JZ at 532.5% annualized.
The costliest name to borrow on a market-wide basis is BIAF at 689.6% annualized as of September 7, 2026. Fees on today's list span 2.1% to 689.6% annualized; the median is 17.9%. Context matters here: this ranking covers the full securities-lending universe, and triple-digit borrow fee rates typically flag distressed, very-low-float, post-reverse-split, or recently IPO'd names where shares are nearly impossible to locate — not conventional short squeeze setups. A high fee is a cost-to-short signal, not a bullish signal by itself.
Today's Hard-to-Borrow Rate Table
| Rank | Symbol | Annualized Borrow Fee | Rebate Rate |
|---|---|---|---|
| 1 | BIAF | 689.6% | −686.0% |
| 2 | ATPC | 619.1% | −615.5% |
| 3 | JZ | 532.5% | −528.9% |
| 4 | RGC | 242.9% | −239.3% |
| 5 | GCTK | 231.4% | −227.8% |
| 6 | EZGO | 209.1% | −205.4% |
| 7 | VVOS | 125.6% | −121.9% |
| 8 | ATXG | 87.4% | −83.8% |
| 9 | PARA | 29.7% | −26.1% |
| 10 | EBET | 27.6% | −24.0% |
| 11 | WKHS | 25.8% | −22.1% |
| 12 | BBIG | 21.5% | −17.9% |
| 13 | ATER | 17.9% | −14.2% |
| 14 | ZVSA | 15.6% | −12.0% |
| 15 | LGVN | 14.4% | −10.7% |
| 16 | ACON | 10.2% | −6.6% |
| 17 | CGC | 9.2% | −5.6% |
| 18 | CYDY | 8.3% | −4.7% |
| 19 | LCID | 6.0% | −2.3% |
| 20 | PRSO | 5.4% | −1.8% |
| 21 | OPTT | 5.3% | −1.7% |
| 22 | ALPP | 4.6% | −0.9% |
| 23 | HSDT | 3.5% | 0.1% |
| 24 | SVRA | 2.8% | 0.8% |
| 25 | OCGN | 2.1% | 1.5% |
*Source: Securities Lending rates as compiled by Tapeboard, September 7, 2026 10:50 PM ET. Market-wide ranking across all 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 September 7, 2026, 16 names on today's market-wide list fell in the hard-to-borrow or extreme tier. The extreme tier alone accounts for the top eight names, from BIAF's 689.6% down through ATXG at 87.4% annualized as of September 7, 2026 — an unusually heavy concentration of triple-digit rates at the top of the board.
What a High Borrow Fee Signals
An annualized borrow fee is the stock-loan cost a short seller pays to keep a short position open. A high fee reflects scarcity in the lendable pool: when few shares are available to borrow, lenders charge more. Critically, a high fee does not by itself predict a squeeze. Names carrying triple-digit fees are often distressed companies, very-low-float stocks, post-reverse-split issues, or recent IPOs where shares are almost impossible to locate — high cost-to-short is not the same as squeeze potential. That is why the borrow fee is weighted 25% in Tapeboard's composite squeeze score rather than treated as a standalone signal; the composite also incorporates short interest, price momentum, and volume. See the methodology for the full breakdown.
Frequently Asked Questions
Which stocks have the highest borrow fees today?
As of September 7, 2026, the three highest borrow fees in Tapeboard's market-wide ranking are BIAF at 689.6% annualized, ATPC at 619.1%, and JZ at 532.5%. All three sit deep in the extreme tier (above 50% annualized).
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%). Anything in the hard-to-borrow tier or above represents a meaningful cost burden for maintaining a short position.
Where do these borrow rates come from?
Tapeboard compiles Securities Lending borrow fees daily and refreshes them each evening across the full market universe. These rates are daily snapshots, not real-time intraday quotes, and may differ from rates at other brokers.
Data and Methodology
- Borrow fee: broker-dealer stock-loan data, updated daily each evening, covering the full market-wide universe of tracked securities.
- Rebate rate: Securities Lending data, where available; a negative rebate represents an additional cost 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 the daily stock-loan 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.