Cost to borrow PLBL has exploded to 243.7% — up 158% in a single week and more than 300% over the past month. That makes Polibeli Group one of the most expensive stocks to short on the market right now.
Availability has collapsed to just 8.5%. That means for every twelve shares currently borrowed, barely one remains in the lending pool. It is a dramatic deterioration. As recently as June 30, availability sat at 115% — comfortably within normal range. Within 24 hours it had crashed to single digits.
The lending market has spent much of June under severe stress. Availability hit a 52-week low of 0.18% on June 25. On four consecutive sessions through late June, every share in the lending pool was fully lent out — availability at or near zero. The borrow market has never fully recovered since.
Short interest tells a complicated story. Positions surged 250% from early June through late June, peaking above 135,000 shares on June 26. Since then, shorts have been covering. Interest has fallen 13.7% in the last day alone, dropping to 75,584 shares as of July 1.
That pattern — aggressive build followed by rapid unwind — playing out against a backdrop of near-total borrow scarcity is notable. Covering pressure may be partly mechanical: at a 244% cost to borrow, holding a short position is extraordinarily expensive. Each day of carry eats directly into any potential return.
The ownership structure amplifies every move. A single holder, Wei Wang, controls 98.3% of shares as of June 15. The free float is minimal. Only four institutional holders appear in the data. With so few shares available to the market, small changes in short demand create outsized moves in both borrow cost and availability.
The ORTEX short score stands at 63.4, placing PLBL in the 11th percentile for short interest intensity versus the broader market. The borrow availability rank sits in the 3rd percentile — indicating the lending market here is among the tightest tracked across the platform.
The stock itself has risen 20.6% over the past month and 11.4% over the past week, closing at $8.68 on July 1.
Data summary
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