Why this matters: Three distinct ORTEX data signals have converged on Infosys Limited in 72 hours. Cost to borrow jumped 55% in a week. Utilization remains pinned at 100%. Options traders piled into puts. The combination suggests a stock under extreme lending stress.
Utilization maxed out. All available shares to borrow are now lent out. Utilization hit 100% on April 23, matching its 52-week high. The reading has stayed locked at that level for a full month. No shares remain for new short positions.
Cost to borrow spiked. CTB surged to 24.95% APR, up 55% over the past week and 101% over the past month. A year ago, borrowing Infosys cost almost nothing. Today the annual rate rivals credit-card interest. That reflects severe supply constraints in the lending market.
Options traders turned bearish. Put-call ratio climbed to 2.71 on April 23, down slightly from Monday's 3.45 but still elevated. The PCR z-score registered 1.05 standard deviations above the 20-day mean. Put buyers dominated in the days surrounding the April 23 earnings release.
The ORTEX short score stands at 73.15 out of 100. That percentile rank confirms the stock sits in rarefied territory for short-squeeze risk. Short interest itself rose 1.4% over the past month to 154.0 million shares. The fact that shorts added positions into a tightening borrow market amplifies the pressure.
See the live data behind this article on ORTEX.
Open INFY on ORTEX →ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
