As I understand it, this is effectively what CFDs (Contracts For Difference) are, which seem to be offered by a lot of discount brokerages etc. (at least here in UK, not sure if CFDs exist in US)

A bet between trader & brokerage that the price will move a particular direction, with no actual trading or stock ownership occurring

https://www.investopedia.com/articles/stocks/09/trade-a-cfd....

EDIT: It occurs to me this may not be quite what you meant after all, but I think the end result is fairly similar