Anavex Life Sciences Corp (AVXL)

[wildcard235]

Last Wednesday, the Stock Loan Borrow (SLB) rate, the interest rate on borrowing shares to sell short, was ~0.75% for AVXL. On Thursday, it rose to ~1%, on Friday, it rose to ~2.25%, on Monday it declined to ~1.5%, and today, it has risen to ~4.3%. In my analysis, this represents a noticeable, but not a major, increase in shorting that is overnight or longer. There is still a significant number of shares available to borrow.

I don't think this is alarming. I wouldn't bother posting this except I promised a long time ago to share any SLB changes I noticed.

For comparison, during the criminal Short & Distort attack years ago, the SLB rate shot up to 175%.