Short interest in NIO stock is high

BrianTycangco鄭彥渊

09-07

$NIO Inc.(NIO)$ $NIO-SW(09866)$ 2Q24 results breakdown:

- Revenue +99% to $2.4bn vs. $2.65bn expected (MISS). ** Company was expecting $2.37bn initially.

- Adjusted EPS loss -$0.30 vs. -$0.30 expected (EQUAL)

- Deliveries +144% to 57,373 vs. 54k to 56k company estimates.

- Vehicle margin doubled to 12.2% YoY

- GPM up 10X to 9.7% YoY; up 2X MoM

- Sitting on cash & equivalents of $5.7bn

Outlook for 3Q24:

- Deliveries of 61k to 63k

- Revenues of $2.63bn to $2.71bn

Company appears on track to breakeven by 4Q25 based on the earnings trend.

Short interest in this stock is high. About 191m shares as of 7/31/24. That's about 9.1% of total outstanding.

https://x.com/BrianTycangco/status/1831920522445386015

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.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":346690878533680,"tweetId":"346690878533680","gmtCreate":1725668076487,"gmtModify":1725844644345,"author":{"id":10000000000010842,"authorId":10000000000010842,"authorIdStr":"10000000000010842","name":"BrianTycangco鄭彥渊","avatar":"https://community-static.tradeup.com/news/bf142322bfb8579c415305a3d268e56f","vip":8,"userType":8,"introduction":"1","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":0,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.09.01","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"}}],"fanSize":466,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"title":"Short interest in NIO stock is high","html":"<html><head></head><body> <a data-mention-id=\"NIO\" class=\"teditor-mention\" data-mention-name=\"NIO Inc.\" href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$</a> <a data-mention-id=\"09866\" class=\"teditor-mention\" data-mention-name=\"NIO-SW\" href=\"https://ttm.financial/S/09866\">$NIO-SW(09866)$</a> 2Q24 results breakdown:- Revenue +99% to $2.4bn vs. $2.65bn expected (MISS). ** Company was expecting $2.37bn initially.- Adjusted EPS loss -$0.30 vs. -$0.30 expected (EQUAL)- Deliveries +144% to 57,373 vs. 54k to 56k company estimates.- Vehicle margin doubled to 12.2% YoY- GPM up 10X to 9.7% YoY; up 2X MoM- Sitting on cash &amp; equivalents of $5.7bnOutlook for 3Q24:- Deliveries of 61k to 63k- Revenues of $2.63bn to $2.71bnCompany appears on track to breakeven by 4Q25 based on the earnings trend.Short interest in this stock is high. About 191m shares as of 7/31/24. That's about 9.1% of total outstanding. https://x.com/BrianTycangco/status/1831920522445386015</body></html>","htmlText":"<html><head></head><body> <a data-mention-id=\"NIO\" class=\"teditor-mention\" data-mention-name=\"NIO Inc.\" href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$</a> <a data-mention-id=\"09866\" class=\"teditor-mention\" data-mention-name=\"NIO-SW\" href=\"https://ttm.financial/S/09866\">$NIO-SW(09866)$</a> 2Q24 results breakdown:- Revenue +99% to $2.4bn vs. $2.65bn expected (MISS). ** Company was expecting $2.37bn initially.- Adjusted EPS loss -$0.30 vs. -$0.30 expected (EQUAL)- Deliveries +144% to 57,373 vs. 54k to 56k company estimates.- Vehicle margin doubled to 12.2% YoY- GPM up 10X to 9.7% YoY; up 2X MoM- Sitting on cash &amp; equivalents of $5.7bnOutlook for 3Q24:- Deliveries of 61k to 63k- Revenues of $2.63bn to $2.71bnCompany appears on track to breakeven by 4Q25 based on the earnings trend.Short interest in this stock is high. About 191m shares as of 7/31/24. That's about 9.1% of total outstanding. https://x.com/BrianTycangco/status/1831920522445386015</body></html>","text":"$NIO Inc.(NIO)$ $NIO-SW(09866)$ 2Q24 results breakdown: - Revenue +99% to $2.4bn vs. $2.65bn expected (MISS). ** Company was expecting $2.37bn initially. - Adjusted EPS loss -$0.30 vs. -$0.30 expected (EQUAL) - Deliveries +144% to 57,373 vs. 54k to 56k company estimates. - Vehicle margin doubled to 12.2% YoY - GPM up 10X to 9.7% YoY; up 2X MoM - Sitting on cash & equivalents of $5.7bn Outlook for 3Q24: - Deliveries of 61k to 63k - Revenues of $2.63bn to $2.71bn Company appears on track to breakeven by 4Q25 based on the earnings trend. Short interest in this stock is high. About 191m shares as of 7/31/24. That's about 9.1% of total outstanding. https://x.com/BrianTycangco/status/1831920522445386015","highlighted":1,"essential":1,"paper":2,"likeSize":13,"commentSize":0,"repostSize":1,"favoriteSize":0,"link":"https://ttm.financial/post/346690878533680","repostId":0,"isVote":1,"tweetType":1,"viewCount":468,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["09866","NIO"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":true,"length":593,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/346690878533680"}