Anavex Life Sciences Corp (AVXL)

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No significant change in SLB rate for AVXL. It is stable below 10% and has been for over a year.

SLB stands for Stock Loan Borrow, and is a fee rate that indicates current demand for shorting vs the known available supply.
This SLB fee rate data is from Interactive Brokers, the most comprehensive source available.
Every share legally sold short must be backed by a borrowed share, and the account that is shorting pays interest on the borrowed share.
This fee rate is annualized, and applies every day including non-trading days, until a share is bought-to-close the short share.
The higher the fee rate, the greater the demand for shorting; The lower the fee rate, the lower the demand for shorting.
As long as the SLB fee rate does not go over 125% in a short period of time, another Short & Distort Attack is probably not imminent, although normal shorting should be expected whenever a consensus forms that a peak in price-per-share has been reached.

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