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Re: KashGreen post# 15847

Monday, 02/01/2021 10:33:21 PM

Monday, February 01, 2021 10:33:21 PM

Post# of 16650
The most short-sold Robinhood stocks

Though most investors choose to keep things simple by buying or selling stock, the investing world also allows folks to bet against stocks by short-selling.

Without getting too far into the weeds, short-sellers make money when a stock's share price goes down, with gains capped at 100% (i.e., the share price can't drop below $0). Meanwhile, the losses short-sellers can realize are unlimited because a stock's share price has no upside ceiling. When short-sellers exit their position, they buy to cover the shares they've borrowed from their brokerage. This buy-to-cover action can result in a short squeeze if a lot of pessimists are running for the exit at the same time.

Of the 100 most held stocks on Robinhood, 20 of them have at least 16% of their shares held by short-sellers, relative to their available float. However, the following 10 companies are the most short-sold on the platform, according to financial data website Finviz.

GameStop (NYSE: GME): 140.6% float currently held short
Tilray: 41.7%
Nikola: 37.7%
AMC Entertainment Holdings (NYSE: AMC): 36.6%
American Airlines Group: 34%
Inovio Pharmaceuticals (NASDAQ: INO): 33.8%
Blink Charging: 31.8%
Virgin Galactic Holdings: 31.1%
Workhorse: 31%
TherapeuticsMD: 28.9%

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