The latest financial data reveals a notable rise in indicative borrow rates among various liquid option stocks, with Azul (AZUL) experiencing the most significant increase. Azul's borrow rate surged to 108.75%, marking a substantial rise of 9.69 percentage points.
American Resources Corp (AREC) also witnessed a significant hike, with its rate climbing by 7.28 percentage points to reach 17.54%. Meanwhile, Ecopetrol (EC) saw its borrow rate escalate by 3.19 percentage points, bringing it to 85.62%.
Other companies experiencing increases include Jumia Technologies (JMIA), which recorded a 1.90 percentage point rise to 2.66%, and Sealsq Corp (LAES) which increased by 0.79 percentage points, reaching 102.39%. AirshipAIHoldings Inc (AISP, Financial) observed a 0.77 percentage point increase, achieving a rate of 34.41%.
In the ETF sphere, Direxion Daily China Bull 3X Shares (YINN) and GraniteShares 1.5x Long COIN Daily ETF (CONL) saw increases of 0.67 and 0.50 percentage points, respectively, bringing their rates to 1.97% and 8.78%. Additionally, Nano X (NNOX) recorded a rise of 0.66 percentage points to hit 30.03%, and MicroCloud Hologram Inc (HOLO) increased by 0.54 percentage points, reaching 11.86%.
These changes in borrow rates highlight shifts in the lending market and could have significant implications for investors and stakeholders involved with these stocks.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 2 analysts, the average target price for Airship AI Holdings Inc (AISP, Financial) is $8.50 with a high estimate of $11.00 and a low estimate of $6.00. The average target implies an upside of 133.52% from the current price of $3.64. More detailed estimate data can be found on the Airship AI Holdings Inc (AISP) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, Airship AI Holdings Inc's (AISP, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
