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

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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 ...

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Nackky
·2023-07-20
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ck92
·2023-07-20
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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":null,"symbol_name":null,"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,"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":{},"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 $100M in year-to-date mark-to-market losses. The EV stocks that have been big winners for shorts in 2023 are Mullen Automotive, Lordstown Motors (OTC:RIDEQ), Faraday Future, Workhorse Group (WKHS), and Canoo (GOEV). On the flip side, shorts have been scorched this year with trades on Tesla (TSLA), Rivian Automotive , Li Auto , XPeng , Lucid Group , Nikola , and Electrameccanica Vehicles all highly unprofitable.Looking ahead, S3 Partners warned on four electric vehicle stocks that are \"crowded shorts\" based on proprietary data. Fisker , Hyzon Motors (HYZN), Lucid Group , and Nikola (NKLA) are seen as the names at risk of being unprofitable trades for the short crowd.In the broader auto retail sector, highly-shorted Carvana  jumped 40% on Wednesday after announcing a cooperation deal with activist investor Elliott Management. Vroom (VRM) broke 17.66% higher.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":199993244876992,"gmtCreate":1689850129464,"gmtModify":1689850131700,"author":{"id":"4149970614197132","authorId":"4149970614197132","name":"Nackky","avatar":"https://community-static.tradeup.com/news/762717a8a75a2e9ebe6d882a1e937226","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"4149970614197132","idStr":"4149970614197132"},"htmlText":"<a href=\"https://ttm.financial/S/PLTR\">$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","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":{"MULN":"Mullen Automotive","NIO":"蔚来","FFIE":"Faraday Future","TSLA":"特斯拉","VRM":"Vroom, Inc.","GOEV":"Canoo Inc.","LI":"理想汽车","SOLO":"Electrameccanica Vehicles Corp.","WKHS":"Workhorse Group, Inc.","LCID":"Lucid Group Inc","XPEV":"小鹏汽车","HYZN":"Hyzon Motors Inc.","NKLA":"Nikola Corporation","FSR":"菲斯克","CVNA":"Carvana Co.","RIVN":"Rivian Automotive, 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","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":{"MULN":"Mullen Automotive","NIO":"蔚来","FFIE":"Faraday Future","TSLA":"特斯拉","VRM":"Vroom, Inc.","GOEV":"Canoo Inc.","LI":"理想汽车","SOLO":"Electrameccanica Vehicles Corp.","WKHS":"Workhorse Group, Inc.","LCID":"Lucid Group Inc","XPEV":"小鹏汽车","HYZN":"Hyzon Motors Inc.","NKLA":"Nikola Corporation","FSR":"菲斯克","CVNA":"Carvana Co.","RIVN":"Rivian Automotive, 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}}