Most Short Stocks: Heavily-Shorted ZAPP Soars 216% After Earnings

Meme_Tiger
07-05

According to data from S3 Partners, the shorts of $Tesla Motors(TSLA)$ stock lost approximately $3.5 billion due to Tesla’s recent rapid rally.

For most people, shorting a stock is very difficult. However, some meme stocks always appear on the short-selling lists, with short interest even exceeding 50%.

Do you think we should short these stocks or wait for a potential short squeeze?

  • $Applied DNA Sciences(APDN)$ provides molecular-based technology solutions. Applied DNA Sciences announces a 1-for-20 reverse stock split effective April 25, 2024, to comply with Nasdaq listing requirements.

  • $Longeveron Inc(LGVN)$, a clinical-stage biotechnology company, jumps in June due to positive investigator data from a Phase 2 trial of its treatment candidate Lomocel-B for hypoplastic left heart syndrome (HLHS).

  • $Maxeon Solar Technologies Ltd(MAXN)$ lost about 90% in the past 30 days. It designs, manufactures, and sells high-efficiency solar panels and related products globally.

  • $Zapp Electric Vehicles Group Ltd(ZAPP)$, specializes in designing and manufacturing high-performance electric scooters, presents a staggering 216% gains in the past 30 days. It jumps 70% on the earnings day as the company sees improvements in its net loss and operating loss.

  • $B. Riley(RILY)$ offers a broad range of financial services, including investment banking, advisory, and asset management, to corporate and institutional clients.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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