KDK Borrow Market Seizes Up as Smart Money Disagrees

A 10% owner just bought $5 million of stock. The borrow market tells a different story entirely.

[KDK](/s/us/kdk) (Kodiak AI, Inc.) is caught in a rare tug-of-war. The lending market has effectively frozen — every share available to borrow is already lent out. Yet a major shareholder is buying aggressively, and options traders are stacking calls.

## The Borrow Market Has No Room…