Security-level

Borrow Rates & Lending

Securities lending rates, availability, and utilization from prime broker feeds. See what it costs to borrow and where supply is tightening.

How this works

The rebate rate is what a short seller earns (or pays, if negative) on the cash collateral posted to borrow shares — for easily-borrowed "general collateral" names it sits near the risk-free rate, while for scarce, hard-to-borrow names it goes negative, which functions as an extra borrowing cost on top of collateral. A deeply negative rebate is the clearest single signal that a stock is expensive or difficult to short.

Key features

  • Borrow fee %
  • Share availability
  • Utilization rate
  • Hard-to-borrow flags
For retail traders

Check borrow costs before shorting. Spot HTB names early.

For institutional users

Monitor lending market stress and locate availability across desks.

Sample: Most Expensive to BorrowSee more →
SymbolCompanyRebate
SGLDSCORPIO GOLD CORP-2793.29%
PCLAPICOCELA INC-1092.86%
ALKALKALRAY SADIR-971.18%
ALKALKALRAY SADIR-971.18%
ALKALKALRAY SADIR-971.18%
Sample: Getting Harder to BorrowSee more →
SymbolCompanyRebate Change
FLYEFLY-E GROUP INC-322.13pp
57LASONO GROUP NV-183.04pp
HKPDCELLYAN BIOTECHNOLOGY CO-A-177.25pp
2RHREDHILL BIOPHARMA LTD-SP ADR-160.69pp
JZJIANZHI EDUCATION TECHNOLOGY-146.35pp
Sample: Getting Easier to BorrowSee more →
SymbolCompanyRebate Change
LGCLLUCAS GC LTD-A+7127.56pp
NCRANOCERA INC+362.64pp
PSQLPASQAL HOLDING SA+264.33pp
PFSAPROFUSA INC+239.68pp
GCTKGLUCOTRACK INC+236.22pp

Frequently asked questions

What is a rebate rate?
The interest rate paid on cash collateral posted against a stock loan. Near the general-collateral (risk-free) rate means easy to borrow; negative means hard to borrow, and the more negative, the more expensive.
Why not just show a borrow fee?
Rebate is the actual mechanism securities lending desks quote and trade on, and it captures both the collateral return and the borrowing cost in one number — which is why we lead with it rather than a derived fee figure.
How often does this update?
Rates are refreshed as new data loads in; loads aren’t strictly daily for every market, so "day-over-day" movers compare against the most recent prior loaded date, not literally yesterday.

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