Followers | 680 |
Posts | 141250 |
Boards Moderated | 36 |
Alias Born | 03/10/2004 |
Thursday, March 25, 2021 7:01:04 PM
By: 24/7 Wall St. | March 25, 2021
Short interest moves among automakers’ stocks were mostly lower during the two-week reporting period that ended on March 15. Of the companies we watch, short interest increased on five of six electric vehicle (EV) makers and on both of the traditional carmakers.
Tesla Inc.’s (NYSE: TSLA) short interest rose by 2% during the latest two-week period. Short sellers held 44.7 million shares (about 5.8%) of Tesla’s total float. Days to cover remained at two, and the share price increased by 4.8% in the reporting period. The stock’s 52-week range is $89.28 to $900.40 (split-adjusted), and it closed at $630.27 on Thursday. Shares traded down by about 1.6% Thursday morning.
Nikola Corp. (NASDAQ: NKLA) short interest increased by 10% in the first two weeks of March. About 33.6 million shares were short, representing about 20% of the company’s total float. Days to cover rose from two to three. Nikola’s share price fell by 5.75% during the reporting period, and the stock currently trades down about 10% for the year to date. Its 52-week range is $10.51 to $93.99. Shares closed at $14.06 on Thursday and traded down by around 4.8% Thursday morning at $13.35.
Nio Ltd. (NYSE: NIO) saw its short interest rise by 8% in the two-week period. About 51.8 million American depositary shares (ADSs) were short, representing about 4% of the company’s total float. Days to cover remained at one. The stock’s 52-week range is $2.22 to $66.99, and shares closed Wednesday at $36.96. The stock traded down by about 1% Thursday morning, after dropping by about 5.8% during the two-week reporting period.
Workhorse Group Inc. (NASDAQ: WKHS) short interest increased by 5% in those two weeks. Some 29.6 million shares were short, about 25.5% of the total float. The share price rose by about 10% in the period, after plunging nearly 55% in the prior short-interest reporting period. The stock closed at $13.21 on Wednesday and traded up by less than 1% Thursday morning. Its 52-week range is $1.57 to $42.96.
Li Auto Inc. (NASDAQ: LI) had short interest increase by 5% in the two weeks. About 18.6 million ADSs were short, representing about 2.6% of the China-based company’s total float. The share price added about 2% in the period. The post-IPO range is $14.31 to $47.70, and shares closed at $22.89 on Wednesday. They traded down less than 1% Thursday morning.
Xpeng Inc.’s (NYSE: XPEV) short interest totaled about 20.6 million shares, plummeting by 31% in the two-week reporting period. Short sellers held about 4.4% of the company’s total float. Shares added about 3.7% in the period and closed at $30.85 on Wednesday, in a post-IPO range of $17.11 to $74.49. The stock traded down about 2% Thursday morning.
General Motors Co. (NYSE: GM) short interest jumped by 13% in the reporting period ended March 15. About 18.3 million GM shares were short, or about 1.3% of the company’s float. Days to cover remained at one. Shares rose by nearly 13% in the period and closed Wednesday at $55.81. The 52-week range is $17.79 to $62.24, and shares traded down about 1.3% Thursday morning.
Short interest at Ford Motor Co. (NYSE: F) rose by 12% to about 83 million shares or about 2.1% of the total float. Days to cover remained at one. The stock price rose by about 12.8% in the reporting period, and shares closed at $12.14 on Wednesday, in a 52-week range of $4.17 to $13.62. Shares traded down by about 1.3% Thursday morning.
Read Full Story »»»
DiscoverGold
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Caveat emptor!
• DiscoverGold
Recent TSLA News
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 05/13/2024 08:35:27 PM
- Form PX14A6G - Notice of exempt solicitation submitted by non-management • Edgar (US Regulatory) • 05/13/2024 05:20:56 PM
- Arm Sets 2025 Target for AI Chip Development, Amazon and Microsoft Commit Billions to French Investments, and More • IH Market News • 05/13/2024 11:16:03 AM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 05/10/2024 08:16:06 PM
- Novavax Surges 57% Post $1.4 Billion Sanofi Deal; Apple Boosts Data Centers with AI and Internal Chips, and More News • IH Market News • 05/10/2024 12:02:56 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 05/09/2024 08:21:03 PM
- Bain Capital in Talks to Acquire PowerSchool; Blackstone Emerges Victorious in Hipgnosis Bidding War, and More News • IH Market News • 05/09/2024 11:53:19 AM
- Meta Platforms Expands AI Ads, Apple Boosts iPhone Shipments, and More Highlights • IH Market News • 05/08/2024 12:27:48 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 05/07/2024 09:16:57 PM
- Tesla’s April Sales Down 18% in China, Amazon’s Multi-Billion Dollar Cloud Expansion in Singapore, and More News • IH Market News • 05/07/2024 11:44:00 AM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 05/06/2024 08:16:07 PM
- Form PX14A6G - Notice of exempt solicitation submitted by non-management • Edgar (US Regulatory) • 05/06/2024 06:37:09 PM
- Perficient Stock Soars 52.9% Post-Acquisition; Luminar Declines 10% Amid Workforce Cutbacks, and Other News • IH Market News • 05/06/2024 12:09:00 PM
- Futures Pointing To Roughly Flat Open On Wall Street • IH Market News • 04/30/2024 01:07:52 PM
- U.S. Index Futures Point to Mild Decline Ahead of Key Earnings and Fed Rate Decision • IH Market News • 04/30/2024 11:59:59 AM
- Alphabet CEO’s Billion-Dollar Wealth, Microsoft’s $1.7B Indonesia Investment, and More News • IH Market News • 04/30/2024 11:58:40 AM
- U.S. Stocks Finish Quiet Day Modestly Higher • IH Market News • 04/29/2024 08:25:53 PM
- Philips Stocks Soar 47% Following US Deal, Tesla Bolsters Presence in China, and More News • IH Market News • 04/29/2024 11:11:24 AM
- Anglo American Rejects BHP Group’s Offer, Toyota Invests $1.4 Billion in Indiana, and More News • IH Market News • 04/26/2024 11:48:07 AM
- Futures Pointing To Sharply Lower Open On Wall Street • IH Market News • 04/25/2024 01:09:21 PM
- U.S. Futures Drop in Pre-Market Trading as Tech Stocks Plunge After Meta Issues Gloomy Forecast • IH Market News • 04/25/2024 11:53:54 AM
- U.S. Stocks Finish Lackluster Session Little Changed • IH Market News • 04/24/2024 08:33:00 PM
- Block Innovates Bitcoin Mining, DOJ Proposes 3-Year Prison for Changpeng Zhao, and More Crypto News • IH Market News • 04/24/2024 05:50:55 PM
- Upbeat Earnings News May Lead To Extended Rebound On Wall Street • IH Market News • 04/24/2024 01:09:05 PM
- U.S. Futures Display Mixed Results Amid Earnings, WTI and Brent Crude Prices Dip in June Futures Trading • IH Market News • 04/24/2024 11:31:20 AM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM