Blue Eagle Lithium Inc. (fka BEAG)

[236T568]

actually, you are saying it backwards

if the loan rate goes from 3.5% to 68% then, by definition less people will short the stock and there will be less downward pressure from short sellers on the stock price

in this case, it is probably insiders, toxic lenders and consultants that have been selling into the market thereby putting downward pressure on the stock price

If the SLB is now 65% then that has shut down the short game in a hurry. Hence the drop from 1.35 to 1.07. The steam of the promotion and insiders inflating this stock has run its course