Days to cover: household names against the most in-demand liquid borrows
Answered against 22 years of US equities and 12 years of US options data and published with the query that produced it. This result is stored as of 2026-08-22, from Fully Paid Securities Lending Explained.
| ticker | days_to_cover |
|---|---|
| MPT | 30.82 |
| OCGN | 21.55 |
| INDI | 16.62 |
| IBRX | 14.49 |
| NWBO | 10.82 |
| JNJ | 2.99 |
| XOM | 2.94 |
| AAPL | 2.42 |
| KO | 2.39 |
| MSFT | 2.03 |
- Rows × columns
- 10 × 2
- Computed
- Completeness
- No missing values
- Source
- US exchange, SIP and OPRA market data
- Licence
- Strasmore terms · free, no signup
What each column holds
| Column | Type | Range | Notes |
|---|---|---|---|
ticker |
text | 10 distinct values (AAPL, IBRX, INDI…) | |
days_to_cover |
number | 2.03 to 30.82 |
Computed from Strasmore's warehouse of US exchange, SIP and OPRA market data. Equity prices are delayed; options greeks and implied volatility are end-of-day. This result is stored, not recomputed on load — it is exactly the numbers that were returned on , and the query below is what returned them.
the exact SQL behind every number
SELECT
ticker,
round(argMax(days_to_cover, settlement_date), 2) AS days_to_cover
FROM global_markets.stocks_short_interest
WHERE settlement_date >= today() - 45
AND ticker NOT IN ('SPCX')
AND (
ticker IN ('AAPL', 'MSFT', 'KO', 'XOM', 'JNJ')
OR ticker IN (
SELECT ticker
FROM
(
SELECT
ticker,
argMax(days_to_cover, settlement_date) AS dtc
FROM global_markets.stocks_short_interest
WHERE settlement_date >= today() - 45
AND avg_daily_volume > 5000000
AND ticker NOT IN ('SPCX')
GROUP BY ticker
ORDER BY dtc DESC
LIMIT 5
)
)
)
GROUP BY ticker
ORDER BY days_to_cover DESC
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