SGML News & Events

Blue Orca announced a short position in Sigma Lithium, saying "Brazilian court records reveal material undisclosed litigation and regulatory enforcement actions by state and federal prosecutors." According to the short seller, these include "millions of dollars of undisclosed creditor lawsuits, and a bombshell technical report alleging that safety is so compromised as to risk impairing the future operation and economic viability of the mine." Shares of Sigma are down 13% to $14.25 in midday trading.

Latest data shows the largest indicative borrow rate increases among liquid option names include: Tidal Trust II (IRE) 31.04% +1.51, Beyond Meat (BYND) 21.87% +1.10, Serve Robotics Inc (SERV) 3.36% +0.53, Gemini Space Station, Inc. (GEMI) 24.45% +0.39, Enbridge (ENB) 0.64% +0.37, Anteris Technologies Global Corp (AVR) 2.19% +0.35, NovaDel Pharma (NVDL) 3.39% +0.34, Defiance 1.75x MSTR ETF (MSTX) 19.61% +0.31, T-REX 2X Long BMNR Daily Target ETF (BMNU) 23.64% +0.26, and Sigma Lithium (SGML) 1.67% +0.26.