ORIS Heads Into Earnings After a 31% Monthly Slide

[ORIS](/s/us/oris) reports today with the stock down 31% over the past month — a decline that crystallises the central question bears have pressed since early April.

The borrow market tells a compressed but noteworthy story. Cost to borrow peaked above 380% in late March and has since collapsed to around 51%, a drop of more than 70% over the past month. That easing reflects a meaningful…