Short Sellers Lose Over 1b As Tesla Stock Surges
Tesla shares shorted have decreased by 1.78 million, 6.4%, over the last 30 days as the stock surged 39%. that equates to a loss of $975 million in short covering over the last month, s3 data. With shares up over 730%, tesla bears have seen more than $38 billion in mark to market losses this year, according to data from s3 partners. by comparison, the next biggest loss for short sellers. Tesla stock traded more than 10 percent higher thursday at $331.90 per share, meaning short sellers have taken over a $1.1 billion mark to market loss on their 35.1 million of shares shorted, estimates s3. tesla chief executive elon musk has actively criticized and trolled investors short his company’s stock this year. Investors betting against tesla collectively lose more than $1 billion on thursday as the company's stock headed for its best day since 2013. "short sellers are, as elon musk stated earlier in the. Short interest, or the number of shares borrowed in hopes of buying them back at a profit after the stock drops, totals $9.03 billion for tesla, according to s3. some high profile short sellers such as greenlight founder david einhorn and jim chanos have clashed with tesla and ceo musk in the last few years.
Tesla Short Sellers Lose Over 1b In Stock Rally Live
Tesla short sellers are down $18 billion this year, including another $4 billion in july tesla's stock, which was up 1.1% around 11 o'clock friday morning, is up more than 140% over the last. Last week the tesla stock rallied after great q2 earnings. as a result, the shorts betting against tesla lost over 1b in a day, and the bloodbath continues. Tesla short sellers lost $8.5 billion in november alone, as the company’s shares climbed 46% in the month. but if the stock price rises, they lose money. potentially a lot of money.
Should I Short Sell Tesla Stock Youtube
Tesla Short Sellers Lose Over 1b In Stock Rally 😂[live]