Highest Borrow-Fee Stocks

Highest Borrow-Fee Stocks: 2026-09-24


Highest Borrow-Fee Stocks Today: September 24, 2026 — Hard-to-Borrow Rates

TL;DR

TL;DR: As of 10:50 PM ET on September 24, 2026, BIAF carries the highest borrow fee in Tapeboard's market-wide ranking at 595.3% annualized. JZ comes in at 592.6%, and TOPS at 570.7%.

Lede

The costliest name to borrow on a market-wide basis is BIAF at 595.3% annualized as of September 24, 2026. Fees on today's list span 8.9% to 595.3% annualized; the median is 46%. Ultra-high rates in the triple-digit range typically flag distressed or nearly un-locatable names rather than conventional squeeze setups.

Today's Hard-to-Borrow Rate Table

RankSymbolAnnualized Borrow FeeRebate Rate
1BIAF595.3%−591.4%
2JZ592.6%−588.7%
3TOPS570.7%−566.8%
4ATPC535.5%−531.6%
5TPST352.5%−348.7%
6TC239.8%−235.9%
7EZGO212.7%−208.8%
8RGC199.2%−195.3%
9GCTK196.3%−192.4%
10ZEO165.2%−161.3%
11XPON137.8%−133.9%
12GOVX86.9%−83.1%
13CETX45.9%−42.1%
14BYND30.1%−26.2%
15WKHS28.8%−24.9%
16PARA27.9%−23.9%
17BFRG26.9%−23.0%
18WAFU24.5%−20.6%
19BBIG21.5%−17.6%
20SES20.8%−16.9%
21OPTT18.7%−14.8%
22LGVN16.4%−12.5%
23LXEH11.9%−8.1%
24ZVSA10.5%−6.7%
25SOS8.9%−5.0%

*_Source: Securities Lending rates as compiled by Tapeboard, September 24, 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 24, 2026, 24 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; a high fee reflects scarcity in the lendable pool; it does NOT by itself predict a 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; borrow fee is weighted 25% in Tapeboard's composite squeeze score.

Frequently Asked Questions

Which stocks have the highest borrow fees today?

The top three names with the highest borrow fees today are BIAF at 595.3%, JZ at 592.6%, and TOPS at 570.7%.

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%).

Where do these borrow rates come from?

Tapeboard compiles Securities Lending borrow fees daily and refreshes them each evening across the full market universe.

Data and Methodology

Borrow fee data is sourced from broker-dealer stock-loan data, updated daily each evening, market-wide; rebate rate data is sourced from Securities Lending, where available. See today's full squeeze analysis for the 7-factor composite ranking, or the hard-to-borrow leaderboard for the live pillar.