From Security Finance Monitor:
Below is a list of the top-earning equities for securities lenders in 2014. DataLend scanned its universe of more than 42,000 securities on loan to find those securities with the most expensive financing positions in the U.S., Canada, Europe and Asia. Financing costs are determined by taking the total on-loan value of a security and multiplying it by the volume-weighted average fees to borrow that security, then converting the product of those numbers to a dollar value.
We determine the financing costs of all securities per day over the entire year, then add those up and finally select the top 25 that had the highest average financing cost for all of 2014 by region. We then sort the most expensive securities to finance in the securities lending market in descending order.
* Average utilization by quantity across 2014. A high average utilization suggests the security had a high proportion of lendable stock out on loan for an extensive period of time in 2014.
...MUCH MORE, including European and Asian top earners.
US
Utilization*
1 3D SYSTEMS ORD 93.35% 2 GOPRO CL A ORD 96.77% 3 MYRIAD GENETICS ORD 93.66% 4 MANNKIND ORD 96.35% 5 SEARS HOLDINGS ORD 90.16% 6 DIAMOND OFFSHORE DRILLING ORD 87.89% 7 CLIFFS NATURAL RESOURCES ORD 94.67% 8 VIRNETX HOLDING ORD 90.81% 9 PLUG POWER ORD 90.39% 10 THERAVANCE ORD 91.97% 11 INVENSENSE ORD 94.77% 12 AMTRUST FINANCIAL SERVICES ORD 90.82% 13 ISHARES IBOXX HIGH YIELD BOND ETF 89.94% 14 ISHARES RUSSELL 2000 ETF 86.57%