Top 12 Most Heavily Shorted EV Stocks

In the ever-evolving world of electric vehicles, the race for innovation and market dominance is fierce.

As investors navigate this dynamic landscape, they often keep a close eye on short interest—the percentage of shares held short by investors betting against a stock’s performance.

In this article, we delve into the intriguing realm of EV stocks and unveil the most heavily shorted contenders.

Most Shorted Electric Vehicle Stocks (As of 08/31/2023)

Company (Ticker)Float Shorted (%)
Fisker (FSR)42.62%
Lucid Group (LCID)23.65%
Workhorse (WKHS)21.54%
Nikola (NKLA)20.97%
Mullen (MULN)14.85%
Rivian (RIVN)13.08%
Hyliion (HYLN)8.42%
Nio (NIO)6.67%
Arcimoto (FUV)5.19%
Electrameccanica (SOLO)4.25%
Li Auto (LI)3.97%
Tesla (TSLA)2.97%

Frequently Asked Questions

When a stock is “shorted,” investors are essentially betting that the stock’s price will decrease. They borrow shares of the stock and sell them with the hope of buying them back later at a lower price, thereby profiting from the price difference.

Electric vehicle stocks have attracted significant attention due to their rapid growth and high volatility. Some investors believe that certain EV companies are overvalued or face challenges, making them attractive candidates for shorting.

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Short interest represents the total number of shares that have been sold short by investors. It is typically expressed as a percentage of the company’s total outstanding shares. You can calculate it by dividing the number of shorted shares by the total outstanding shares and then multiplying by 100.

Not necessarily. Shorting a stock is a speculative strategy, and while some shorted stocks may underperform, others may not. The performance of a stock depends on a wide range of factors, including the company’s fundamentals, market conditions, and investor sentiment.

Investing in shorted stocks can be risky and is typically more suitable for experienced investors. It’s essential to conduct thorough research, understand the risks, and consider your investment goals before investing in any stock, especially one with a high level of short interest.

High short interest can lead to short squeezes. When short sellers rush to cover their positions (buy back shares) to limit their losses, it can drive up the stock’s price significantly, causing potential losses for short sellers and benefiting long investors.

You can find the latest short interest data on websites such as Fintel, Ortex, MarketWatch, MarketBeat, and Shortinterest.com

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