Cost to borrow

The exchange-listed stocks that cost the most to borrow to sell short, by the yearly fee Interactive Brokers charges, with the shares it has left to lend. Read every 15 minutes.

Read 6:39 PM ET on Nov 11, 2026 · Most shorted · Fails to deliver · Trading halts · How it is measured

Highest yearly fee: PCLA 1,054%PicoCELA
Cost 10% or more: 891of 5,455 listed stocks
Median yearly fee: 0.47%a typical listed stock
10,000 shares or fewer: 155left to lend, listed stocks

Alerts: the bell on any stock emails you when its short interest is out, when it files to sell shares and when its borrow fee jumps. Free.

Hardest to borrow

Highest yearly fee first

#	Stock	Fee	$10K a year	Rebate	Available
1	PCLAPicoCELA	1,054%	$105,443	-1,051%	10,000
2	YMATJ-Star Holding Co.	979%	$97,859	-975%	25,000
3	RZAIRoze Ai Inc	951%	$95,143	-948%	60,000
4	GCTKGlucotrack	838%	$83,778	-834%	20,000
5	FXHOUTime	830%	$83,011	-826%	25,000
6	CHSNChanson International Holding	813%	$81,297	-809%	150,000
7	ELPWElong Power Holding	795%	$79,460	-791%	2,000
8	BRAIBraiin	782%	$78,181	-778%	100,000
9	CDTCDT Equity	757%	$75,724	-753%	8,000
10	SAIQWISeSat.Space Holdings	715%	$71,465	-711%	100,000
11	ZNBZeta Network Group	710%	$71,019	-706%	500
12	IMCIMC Rare Earths	692%	$69,215	-688%	15,000
13	AIOKAi Okto Corp	671%	$67,136	-667%	7,000
14	CRISCuris	669%	$66,859	-665%	20,000
15	FLYEFly-E Group	649%	$64,910	-645%	6,000
16	NEXRNexera Technologies	630%	$63,002	-626%	3,000
17	SEGGSports Entertainment Gaming Global	617%	$61,673	-613%	100,000
18	CRECre8 Enterprise	589%	$58,906	-585%	15,000
19	BKYIBio Key International	584%	$58,386	-580%	55,000
20	IMCCIM Cannabis	582%	$58,226	-578%	150,000
21	WORXSCWorx	581%	$58,067	-577%	90,000
22	MBMasterbeef Group	579%	$57,859	-575%	45,000
23	CIITTianci International	571%	$57,055	-567%	150,000
24	GUNNGunnison Copper Cor-Spon ADR	570%	$57,035	-566%	10,000
25	RAYAErayak Power Solution Group	548%	$54,771	-544%	35,000
26	NWGLCL Workshop Group	545%	$54,483	-541%	2,000
27	OFALOFA Group	514%	$51,429	-510%	5,000
28	BBCIBradbury Capital Inc	488%	$48,808	-484%	150,000
29	SPHLSpringview Holdings	486%	$48,577	-482%	35,000
30	XLABExascale Labs Holdings	483%	$48,274	-479%	100,000
31	TNMGTNL Mediagene	474%	$47,424	-470%	100,000
32	DKIDarkIris	470%	$47,005	-466%	95,000
33	PPBTPurple Biotech	451%	$45,058	-447%	150,000
34	VEEAVEEA	450%	$44,991	-446%	150,000
35	POMPOMDOCTOR	449%	$44,852	-445%	95,000
36	RYOJrYojbaba Co.	432%	$43,249	-429%	3,000
37	APUSApimeds Pharmaceuticals US	426%	$42,649	-423%	100,000
38	INLFINLIF	417%	$41,713	-413%	78
39	AMODAlpha Modus Holdings	414%	$41,426	-410%	800,000
40	JEM707 Cayman Holdings	410%	$41,035	-406%	15,000
41	NCPLNetcapital	387%	$38,656	-383%	100,000
42	PFAIPinnacle Food Group	385%	$38,479	-381%	50,000
43	LABTLakewood-Amedex Biotherapeutics	384%	$38,389	-380%	200,000
44	JDZGJIADE	382%	$38,159	-378%	100,000
45	XXII22nd Century Group	377%	$37,660	-373%	9,000
46	DAVIDavion Healthcare	367%	$36,666	-363%	150,000
47	FRGTFreight Technologies	355%	$35,543	-352%	45,000
48	FCUVFocus Universal	348%	$34,757	-344%	85,000
49	RDACRising Dragon Acquisition	336%	$33,648	-333%	150,000
50	IPDNProfessional Diversity Network	334%	$33,414	-330%	70,000
51	WYHGWing Yip Food Holdings Group	328%	$32,808	-324%	30,000
52	SCNIScinai Immunotherapeutics	321%	$32,137	-317%	250,000
53	PARABanzai International	315%	$31,505	-311%	700,000
54	BDRXBiodexa Pharmaceuticals	314%	$31,449	-311%	55,000
55	NCRANocera	314%	$31,407	-310%	45,000
56	SRTMStratum Holdings Corp	313%	$31,305	-309%	300,000
57	NSTRNorthstar Earth &Amp; Space Ente	301%	$30,149	-298%	10,000
58	FFTTMasonglory Ltd - Class A	297%	$29,674	-293%	50,000
59	ADVBAdvanced Biomed	284%	$28,438	-281%	25,000
60	NTCLNetClass Technology	283%	$28,275	-279%	450,000
61	CHOWChowChow Cloud International Holdings	275%	$27,484	-271%	70,000
62	DAICCID Holdco	269%	$26,927	-265%	200,000
63	ICCMIceCure Medical	268%	$26,796	-264%	400,000
64	NCTIntercont (Cayman)	264%	$26,353	-260%	100,000
65	LGHLLion Group Holding	262%	$26,157	-258%	30,000
66	DBGIDigital Brands Group	260%	$25,959	-256%	35,000
67	PMAXPowell Max	257%	$25,737	-253%	95,000
68	WNWMeiwu Technology Co	257%	$25,720	-253%	45,000
69	HCWBHCW Biologics	255%	$25,467	-251%	400,000
70	BURUNuburu	253%	$25,344	-250%	3,000,000
71	REEDReed'S	248%	$24,790	-244%	85,000
72	VSAVisionSys AI	247%	$24,720	-243%	10,000
73	AIXIXiao-I	245%	$24,488	-241%	60,000
74	ONENOne Nuclear Energy Inc	240%	$24,030	-236%	200,000
75	CMNDClearmind Medicine	239%	$23,883	-235%	30,000
76	JBDIJBDI Holdings	235%	$23,454	-231%	150,000
77	SLGBSmart Logistics Global	230%	$23,007	-226%	450,000
78	DFSCDEFSEC Technologies	225%	$22,530	-221%	450,000
79	SXTCChina SXT Pharmaceuticals	225%	$22,527	-221%	35,000
80	IVFINVO Fertility	222%	$22,246	-219%	35,000
81	MGNMegan Holdings	219%	$21,947	-216%	25,000
82	DCXDigital Currency X Technology	216%	$21,619	-212%	50,000
83	PLSMPulsenmore	213%	$21,325	-209%	85,000
84	YJYunji	210%	$21,029	-206%	150,000
85	BRLSBorealis Foods	210%	$20,984	-206%	50,000
86	MLECMoolec Science SA	209%	$20,879	-205%	20,000
87	GOWGOWell Energy Technology	208%	$20,777	-204%	25,000
88	ZYBTZhengye Biotechnology Holding	207%	$20,708	-203%	150,000
89	NCINeo-Concept International Group Holdings	206%	$20,612	-202%	200
90	TCRTAlaunos Therapeutics	203%	$20,266	-199%	350,000
91	EZGOEZGO Technologies	202%	$20,244	-199%	70,000
92	BKHABlack Hawk Acquisition	202%	$20,168	-198%	15,000
93	EFTYEtoiles Capital Group Co.	200%	$20,027	-196%	5,000
94	XCHXCHG	200%	$20,027	-196%	30,000
95	TDICDreamland	199%	$19,924	-195%	70,000
96	MASK3 E Network Technology Group	197%	$19,689	-193%	95,000
97	AMROAmaero Inc	197%	$19,677	-193%	350,000
98	SBFMSunshine Biopharma	195%	$19,462	-191%	35,000
99	CMMBChemomab Therapeutics	191%	$19,114	-187%	250,000
100	GTBPGT Biopharma	187%	$18,708	-183%	15,000

How it is measured

Each fee is Interactive Brokers’ own: the yearly rate it charges to borrow the stock and the shares it has available to lend, from the file it publishes about every 15 minutes. It is one broker’s figure, the one published free; another broker’s can differ, and a fee can change within the day. Listed stocks are exchange-listed operating companies; funds and over-the-counter securities are left out.

Which stocks are hardest to borrow? At 6:39 PM ET on Nov 11, 2026, PicoCELA (PCLA) cost the most to borrow among exchange-listed stocks: 1,054% a year, with 10,000 shares left to lend. 891 listed stocks cost 10% a year or more.

What is the cost to borrow a stock? A short seller borrows the shares it sells and pays the lender a fee for as long as the loan is open, quoted as a yearly percentage of the shares' value and charged daily. At 10% a year, keeping $10,000 of stock borrowed for a year costs about $1,000. Most large stocks cost a fraction of a percent; a stock that many want to short and few lend can cost hundreds of percent.

What does a negative rebate mean? The rebate is the interest a short seller earns on the cash from the sale, less the borrow fee. When the fee is higher than that interest, the rebate is negative and the short seller pays the difference.

Each stock’s fee, day by day, is on its short-interest page. The most shorted stocks are the ones with the most shares sold short.