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