Benzinga - On Wednesday, shares of Costco Wholesale (NASDAQ: COST) experienced volatile short activity. After the activity, the stock price went down -1.69% to $494.66. The overall sentiment for COST has been Bullish. The signal from the volatility alert is trending Bullish. Therefore, the recommendation is to Strong Buy. The volatility alert was produced on the prior trading date, 4/26/2023 with a volatility change of +64.75%. The current volatility indicator stands at 11.761. Overview: The securities lending volatility indicator is produced by Tidal Markets, in partnership with Benzinga Insights. Securities lending primarily serves the purpose of providing liquidity to short sellers. When unusual activity occurs in the securities lending markets, it acts as an upstream indicator to what is likely to occur downstream in the regular stock market.