TDIC — Dreamland Limited — is generating extreme signals across its lending market. The stock rallied 127% in a single session. Cost to borrow has hit 354%. The borrow pool is nearly empty.
The cost to borrow tells the clearest story. At 354%, it has nearly tripled in one week — up 198%. A month ago it sat at roughly 33%. Lenders are now charging shorts more than three times the stock's value per year just to hold a position.
Availability has collapsed in parallel. Borrowable shares relative to shares already lent out have tightened sharply. Utilization hit 92.51% on May 12 — near the 52-week peak of 100%. Almost every share in the lending pool is already out on loan. There is almost no room left to open new short positions.
The short position data has been anything but stable. Shorts peaked near 831,000 shares in late April. By May 11, the position had collapsed entirely — ORTEX estimated zero shares short. Then, in a single session on May 12, short interest exploded back to 253,566 shares — a 166% weekly surge.
That violent oscillation suggests aggressive repositioning, likely linked to the stock's move. TDIC is up 113% on the week and 257% over the past month.
ORTEX's short score now sits at 44.7, down sharply from 72.2 just two weeks ago. The score fell as short interest collapsed in early May. It has not yet caught up with the renewed surge in borrowed shares or the tightening borrow market. The days-to-cover rank sits at the 99th percentile — the lending side of the picture remains extreme even as the composite score moderates.
See the live data behind this article on ORTEX.
Open TDIC 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.
