Yesterday (2/25) GME had ZERO shortable shares available according to both shortableshares.com and IBorrowDesk. (Technically 47 shares reported prior to market open on shortableshares - IBorrowDesk did not report any shares the entire day).
Since then the volume of shortable shares has increased to 600,000 BUT the fee to short these shares has increased from 0.8% on 2/24 to a whopping 12.78% as of 10:00am today representing a nearly 1,500% increase.
Now, my smooth brain doesn't fully comprehend all the implications of this. But to me, this looks like a clear bullish sign for another GME runup, no?
Edit: misplaced comma in body of text.