Electric Vehicle Jolts: Stocks That Have Scorched Shorts This Year Vs. the Short Winners

16
2
Favorite

Electric Vehicle Jolts: Stocks That Have Scorched Shorts This Year Vs. the Short Winners

Seekingalpha2023-07-20

S3 Partners Research updated on Wednesday on the short interest backdrop in the U.S. Auto & Truck manufacturing sectors. Ihor Dusaniwsky noted short interest on automaker names is at $43.6B, with ...

Source Link

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.

Report

Comment（2）

Nackky
·2023-07-20
$PLTR(PLTR)$
Reply
1
Report
ck92
·2023-07-20
Y
Reply
1
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2352620053?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-07-20 16:40","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2352620053","market":"us","top_or_hot":-1,"title":"Electric Vehicle Jolts: Stocks That Have Scorched Shorts This Year Vs. the Short Winners","media":"Seekingalpha","content":"<div>\n<p>S3 Partners Research updated on Wednesday on the short interest backdrop in the U.S. Auto & Truck manufacturing sectors. Ihor Dusaniwsky noted short interest on automaker names is at $43.6B, with ...</p>\n\n<a href=\"https://seekingalpha.com/news/3988789-electric-vehicle-jolts-stocks-that-have-scorched-shorts-this-year-vs-the-short-winners\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Electric Vehicle Jolts: Stocks That Have Scorched Shorts This Year Vs. the Short Winners</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElectric Vehicle Jolts: Stocks That Have Scorched Shorts This Year Vs. the Short Winners\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-07-20 16:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3988789-electric-vehicle-jolts-stocks-that-have-scorched-shorts-this-year-vs-the-short-winners><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>S3 Partners Research updated on Wednesday on the short interest backdrop in the U.S. Auto & Truck manufacturing sectors. Ihor Dusaniwsky noted short interest on automaker names is at $43.6B, with ...</p>\n\n<a href=\"https://seekingalpha.com/news/3988789-electric-vehicle-jolts-stocks-that-have-scorched-shorts-this-year-vs-the-short-winners\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WKHS","symbol_name":"Workhorse Group, Inc.","start_time":0,"source_url":"https://seekingalpha.com/news/3988789-electric-vehicle-jolts-stocks-that-have-scorched-shorts-this-year-vs-the-short-winners","article_id":"2352620053","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2352620053","pubTimestamp":1689842434,"columns":[],"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"More on auto stocks:  Tesla earnings preview EV jolts: Rivian Automotive could break free of exclusivity deal with Amazon Lucid Group is expected to face more pressure to meet deliveries expectations","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"WKHS":"Workhorse Group, Inc.","TSLA":"特斯拉","VRM":"Vroom, Inc.","FSR":"菲斯克","GOEV":"Canoo Inc.","CVNA":"Carvana Co.","HYZN":"Hyzon Motors Inc.","NIO":"蔚来","SOLO":"Electrameccanica Vehicles Corp.","FFIE":"Faraday Future","XPEV":"小鹏汽车","LCID":"Lucid Group Inc","NKLA":"Nikola Corporation","RIVN":"Rivian Automotive, Inc.","LI":"理想汽车","MULN":"Mullen Automotive"},"translate_title":"电动汽车颠簸：今年烧焦空头的股票与短赢家","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CVNA":1,"FFIE":1,"FSR":1,"GOEV":1,"HYZN":1,"LCID":1,"LI":1,"MULN":1,"NIO":1,"NKLA":1,"RIVN":1,"SOLO":1,"TSLA":1,"VRM":1,"WKHS":1,"XPEV":1},"content_text":"S3 Partners Research updated on Wednesday on the short interest backdrop in the U.S. Auto & Truck manufacturing sectors. Ihor Dusaniwsky noted short interest on automaker names is at $43.6B, with about $33.3B of that tally in electric vehicle stocks. The largest short by dollars is Tesla with $26.3B of short interest with Rivian Automotive Inc , NIO Inc ADR , Lucid Group Inc and Li Auto Inc ADR  all distant laggards strictly by dollars. The auto sector continues to be a favorite target of short sellers. Float for automakers at an average of 6.14% is higher than the U.S. market average of 4.99% and average stock borrow costs of 1.49% in fees are almost double the U.S. market average of 0.77% in fees.There were only five automaker stocks with over $100M of year-to-date mark-to-market profits for shorts, while there were six stocks with over $100M in year-to-date mark-to-market losses. The EV stocks that have been big winners for shorts in 2023 are Mullen Automotive, Lordstown Motors (OTC:RIDEQ), Faraday Future, Workhorse Group (WKHS), and Canoo (GOEV). On the flip side, shorts have been scorched this year with trades on Tesla (TSLA), Rivian Automotive , Li Auto , XPeng , Lucid Group , Nikola , and Electrameccanica Vehicles all highly unprofitable.Looking ahead, S3 Partners warned on four electric vehicle stocks that are \"crowded shorts\" based on proprietary data. Fisker , Hyzon Motors (HYZN), Lucid Group , and Nikola (NKLA) are seen as the names at risk of being unprofitable trades for the short crowd.In the broader auto retail sector, highly-shorted Carvana  jumped 40% on Wednesday after announcing a cooperation deal with activist investor Elliott Management. Vroom (VRM) broke 17.66% higher.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":199993244876992,"gmtCreate":1689850129464,"gmtModify":1689850131700,"author":{"id":"4149970614197132","authorId":"4149970614197132","name":"Nackky","avatar":"https://community-static.tradeup.com/news/762717a8a75a2e9ebe6d882a1e937226","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"4149970614197132","idStr":"4149970614197132"},"htmlText":"<a href=\"https://ttm.financial/S/PLTR\">$PLTR(PLTR)$&nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/PLTR\">$PLTR(PLTR)$&nbsp;</a>","text":"$PLTR(PLTR)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/199993244876992","repostId":2352620053,"repostType":2,"repost":{"id":"2352620053","kind":"highlight","pubTimestamp":1689842434,"share":"https://ttm.financial/m/news/2352620053?lang=&edition=fundamental","pubTime":"2023-07-20 16:40","market":"us","language":"en","title":"Electric Vehicle Jolts: Stocks That Have Scorched Shorts This Year Vs. the Short Winners","url":"https://stock-news.laohu8.com/highlight/detail?id=2352620053","media":"Seekingalpha","summary":"More on auto stocks:  Tesla earnings preview EV jolts: Rivian Automotive could break free of exclusivity deal with Amazon Lucid Group is expected to face more pressure to meet deliveries expectations","content":"<html><head></head><body><p>S3 Partners Research updated on Wednesday on the short interest backdrop in the U.S. Auto &amp; Truck manufacturing sectors. Ihor Dusaniwsky noted short interest on automaker names is at $43.6B, with about $33.3B of that tally in electric vehicle stocks. The largest short by dollars is <a href=\"https://laohu8.com/S/TSLA\">Tesla</a> with $26.3B of short interest with <a href=\"https://laohu8.com/S/RIVN\">Rivian Automotive Inc </a>, <a href=\"https://laohu8.com/S/NIO\">NIO Inc ADR </a>, <a href=\"https://laohu8.com/S/LCID\">Lucid Group Inc</a> and <a href=\"https://laohu8.com/S/LI\">Li Auto Inc ADR </a> all distant laggards strictly by dollars. The auto sector continues to be a favorite target of short sellers. Float for automakers at an average of 6.14% is higher than the U.S. market average of 4.99% and average stock borrow costs of 1.49% in fees are almost double the U.S. market average of 0.77% in fees.</p><p>There were only five automaker stocks with over $100M of year-to-date mark-to-market profits for shorts, while there were six stocks with over $100M in year-to-date mark-to-market losses. The EV stocks that have been big winners for shorts in 2023 are <a href=\"https://laohu8.com/S/MULN\">Mullen Automotive</a>, Lordstown Motors (OTC:RIDEQ), <a href=\"https://laohu8.com/S/FFIE\">Faraday Future</a>, Workhorse Group (WKHS), and Canoo (GOEV). On the flip side, shorts have been scorched this year with trades on Tesla (TSLA), <a href=\"https://laohu8.com/S/RIVN\">Rivian Automotive </a>, <a href=\"https://laohu8.com/S/LI\">Li Auto </a>, <a href=\"https://laohu8.com/S/XPEV\">XPeng </a>, <a href=\"https://laohu8.com/S/LCID\">Lucid Group </a>, <a href=\"https://laohu8.com/S/NKLA\">Nikola </a>, and <a href=\"https://laohu8.com/S/SOLO\">Electrameccanica Vehicles</a> all highly unprofitable.</p><p>Looking ahead, S3 Partners warned on four electric vehicle stocks that are &#34;crowded shorts&#34; based on proprietary data. <a href=\"https://laohu8.com/S/FSR\">Fisker </a>, Hyzon Motors (HYZN), <a href=\"https://laohu8.com/S/LCID\">Lucid Group </a>, and Nikola (NKLA) are seen as the names at risk of being unprofitable trades for the short crowd.</p><p>In the broader auto retail sector, highly-shorted <a href=\"https://laohu8.com/S/CVNA\">Carvana </a> jumped 40% on Wednesday after announcing a cooperation deal with activist investor Elliott Management. Vroom (VRM) broke 17.66% higher.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Electric Vehicle Jolts: Stocks That Have Scorched Shorts This Year Vs. the Short Winners</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElectric Vehicle Jolts: Stocks That Have Scorched Shorts This Year Vs. the Short Winners\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-07-20 16:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3988789-electric-vehicle-jolts-stocks-that-have-scorched-shorts-this-year-vs-the-short-winners><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>S3 Partners Research updated on Wednesday on the short interest backdrop in the U.S. Auto & Truck manufacturing sectors. Ihor Dusaniwsky noted short interest on automaker names is at $43.6B, with ...</p>\n\n<a href=\"https://seekingalpha.com/news/3988789-electric-vehicle-jolts-stocks-that-have-scorched-shorts-this-year-vs-the-short-winners\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CVNA":"Carvana Co.","HYZN":"Hyzon Motors Inc.","SOLO":"Electrameccanica Vehicles Corp.","RIVN":"Rivian Automotive, Inc.","TSLA":"特斯拉","FFIE":"Faraday Future","NIO":"蔚来","FSR":"菲斯克","GOEV":"Canoo Inc.","LCID":"Lucid Group Inc","NKLA":"Nikola Corporation","XPEV":"小鹏汽车","MULN":"Mullen Automotive","LI":"理想汽车","WKHS":"Workhorse Group, Inc.","VRM":"Vroom, Inc."},"source_url":"https://seekingalpha.com/news/3988789-electric-vehicle-jolts-stocks-that-have-scorched-shorts-this-year-vs-the-short-winners","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2352620053","content_text":"S3 Partners Research updated on Wednesday on the short interest backdrop in the U.S. Auto & Truck manufacturing sectors. Ihor Dusaniwsky noted short interest on automaker names is at $43.6B, with about $33.3B of that tally in electric vehicle stocks. The largest short by dollars is Tesla with $26.3B of short interest with Rivian Automotive Inc , NIO Inc ADR , Lucid Group Inc and Li Auto Inc ADR  all distant laggards strictly by dollars. The auto sector continues to be a favorite target of short sellers. Float for automakers at an average of 6.14% is higher than the U.S. market average of 4.99% and average stock borrow costs of 1.49% in fees are almost double the U.S. market average of 0.77% in fees.There were only five automaker stocks with over $100M of year-to-date mark-to-market profits for shorts, while there were six stocks with over $100M in year-to-date mark-to-market losses. The EV stocks that have been big winners for shorts in 2023 are Mullen Automotive, Lordstown Motors (OTC:RIDEQ), Faraday Future, Workhorse Group (WKHS), and Canoo (GOEV). On the flip side, shorts have been scorched this year with trades on Tesla (TSLA), Rivian Automotive , Li Auto , XPeng , Lucid Group , Nikola , and Electrameccanica Vehicles all highly unprofitable.Looking ahead, S3 Partners warned on four electric vehicle stocks that are \"crowded shorts\" based on proprietary data. Fisker , Hyzon Motors (HYZN), Lucid Group , and Nikola (NKLA) are seen as the names at risk of being unprofitable trades for the short crowd.In the broader auto retail sector, highly-shorted Carvana  jumped 40% on Wednesday after announcing a cooperation deal with activist investor Elliott Management. Vroom (VRM) broke 17.66% higher.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":199969235710224,"gmtCreate":1689844186955,"gmtModify":1689844970188,"author":{"id":"4139470315789332","authorId":"4139470315789332","name":"ck92","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"4139470315789332","idStr":"4139470315789332"},"htmlText":"Y","listText":"Y","text":"Y","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/199969235710224","repostId":2352620053,"repostType":2,"repost":{"id":"2352620053","kind":"highlight","pubTimestamp":1689842434,"share":"https://ttm.financial/m/news/2352620053?lang=&edition=fundamental","pubTime":"2023-07-20 16:40","market":"us","language":"en","title":"Electric Vehicle Jolts: Stocks That Have Scorched Shorts This Year Vs. the Short Winners","url":"https://stock-news.laohu8.com/highlight/detail?id=2352620053","media":"Seekingalpha","summary":"More on auto stocks:  Tesla earnings preview EV jolts: Rivian Automotive could break free of exclusivity deal with Amazon Lucid Group is expected to face more pressure to meet deliveries expectations","content":"<html><head></head><body><p>S3 Partners Research updated on Wednesday on the short interest backdrop in the U.S. Auto &amp; Truck manufacturing sectors. Ihor Dusaniwsky noted short interest on automaker names is at $43.6B, with about $33.3B of that tally in electric vehicle stocks. The largest short by dollars is <a href=\"https://laohu8.com/S/TSLA\">Tesla</a> with $26.3B of short interest with <a href=\"https://laohu8.com/S/RIVN\">Rivian Automotive Inc </a>, <a href=\"https://laohu8.com/S/NIO\">NIO Inc ADR </a>, <a href=\"https://laohu8.com/S/LCID\">Lucid Group Inc</a> and <a href=\"https://laohu8.com/S/LI\">Li Auto Inc ADR </a> all distant laggards strictly by dollars. The auto sector continues to be a favorite target of short sellers. Float for automakers at an average of 6.14% is higher than the U.S. market average of 4.99% and average stock borrow costs of 1.49% in fees are almost double the U.S. market average of 0.77% in fees.</p><p>There were only five automaker stocks with over $100M of year-to-date mark-to-market profits for shorts, while there were six stocks with over $100M in year-to-date mark-to-market losses. The EV stocks that have been big winners for shorts in 2023 are <a href=\"https://laohu8.com/S/MULN\">Mullen Automotive</a>, Lordstown Motors (OTC:RIDEQ), <a href=\"https://laohu8.com/S/FFIE\">Faraday Future</a>, Workhorse Group (WKHS), and Canoo (GOEV). On the flip side, shorts have been scorched this year with trades on Tesla (TSLA), <a href=\"https://laohu8.com/S/RIVN\">Rivian Automotive </a>, <a href=\"https://laohu8.com/S/LI\">Li Auto </a>, <a href=\"https://laohu8.com/S/XPEV\">XPeng </a>, <a href=\"https://laohu8.com/S/LCID\">Lucid Group </a>, <a href=\"https://laohu8.com/S/NKLA\">Nikola </a>, and <a href=\"https://laohu8.com/S/SOLO\">Electrameccanica Vehicles</a> all highly unprofitable.</p><p>Looking ahead, S3 Partners warned on four electric vehicle stocks that are &#34;crowded shorts&#34; based on proprietary data. <a href=\"https://laohu8.com/S/FSR\">Fisker </a>, Hyzon Motors (HYZN), <a href=\"https://laohu8.com/S/LCID\">Lucid Group </a>, and Nikola (NKLA) are seen as the names at risk of being unprofitable trades for the short crowd.</p><p>In the broader auto retail sector, highly-shorted <a href=\"https://laohu8.com/S/CVNA\">Carvana </a> jumped 40% on Wednesday after announcing a cooperation deal with activist investor Elliott Management. Vroom (VRM) broke 17.66% higher.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Electric Vehicle Jolts: Stocks That Have Scorched Shorts This Year Vs. the Short Winners</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElectric Vehicle Jolts: Stocks That Have Scorched Shorts This Year Vs. the Short Winners\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-07-20 16:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3988789-electric-vehicle-jolts-stocks-that-have-scorched-shorts-this-year-vs-the-short-winners><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>S3 Partners Research updated on Wednesday on the short interest backdrop in the U.S. Auto & Truck manufacturing sectors. Ihor Dusaniwsky noted short interest on automaker names is at $43.6B, with ...</p>\n\n<a href=\"https://seekingalpha.com/news/3988789-electric-vehicle-jolts-stocks-that-have-scorched-shorts-this-year-vs-the-short-winners\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CVNA":"Carvana Co.","HYZN":"Hyzon Motors Inc.","SOLO":"Electrameccanica Vehicles Corp.","RIVN":"Rivian Automotive, Inc.","TSLA":"特斯拉","FFIE":"Faraday Future","NIO":"蔚来","FSR":"菲斯克","GOEV":"Canoo Inc.","LCID":"Lucid Group Inc","NKLA":"Nikola Corporation","XPEV":"小鹏汽车","MULN":"Mullen Automotive","LI":"理想汽车","WKHS":"Workhorse Group, Inc.","VRM":"Vroom, Inc."},"source_url":"https://seekingalpha.com/news/3988789-electric-vehicle-jolts-stocks-that-have-scorched-shorts-this-year-vs-the-short-winners","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2352620053","content_text":"S3 Partners Research updated on Wednesday on the short interest backdrop in the U.S. Auto & Truck manufacturing sectors. Ihor Dusaniwsky noted short interest on automaker names is at $43.6B, with about $33.3B of that tally in electric vehicle stocks. The largest short by dollars is Tesla with $26.3B of short interest with Rivian Automotive Inc , NIO Inc ADR , Lucid Group Inc and Li Auto Inc ADR  all distant laggards strictly by dollars. The auto sector continues to be a favorite target of short sellers. Float for automakers at an average of 6.14% is higher than the U.S. market average of 4.99% and average stock borrow costs of 1.49% in fees are almost double the U.S. market average of 0.77% in fees.There were only five automaker stocks with over $100M of year-to-date mark-to-market profits for shorts, while there were six stocks with over $100M in year-to-date mark-to-market losses. The EV stocks that have been big winners for shorts in 2023 are Mullen Automotive, Lordstown Motors (OTC:RIDEQ), Faraday Future, Workhorse Group (WKHS), and Canoo (GOEV). On the flip side, shorts have been scorched this year with trades on Tesla (TSLA), Rivian Automotive , Li Auto , XPeng , Lucid Group , Nikola , and Electrameccanica Vehicles all highly unprofitable.Looking ahead, S3 Partners warned on four electric vehicle stocks that are \"crowded shorts\" based on proprietary data. Fisker , Hyzon Motors (HYZN), Lucid Group , and Nikola (NKLA) are seen as the names at risk of being unprofitable trades for the short crowd.In the broader auto retail sector, highly-shorted Carvana  jumped 40% on Wednesday after announcing a cooperation deal with activist investor Elliott Management. Vroom (VRM) broke 17.66% higher.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":16,"commentSize":2,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}