Li Auto Inc

NASDAQ: LI
$29.39
-$1.45 (-4.7%)
Closing price April 12, 2024
Li Auto Inc., based in Beijing, China, specializes in creating smart electric vehicles, including the Li ONE and Li L series. Founded in 2015, this innovative company focuses on new energy vehicles, blending technology with eco-friendly solutions. Li Auto not only manufactures and sells electric cars but also provides comprehensive after-sales services. It operates both online and offline sales channels, making its products accessible to a wide audience. Initially known as Leading Ideal Inc., it rebranded to Li Auto Inc. in 2020, emphasizing its commitment to the future of transportation.
Here's a quick look at selected company earnings reports that came out after U.S. markets closed on Tuesday and before they opened again on Wednesday.
Short sellers bet on three EV stocks to fall in the two-week short interest reporting period ending May 14. Four of the six EV stocks we watch posted double-digit share price drops during the period.
Four companies of interest are reporting quarterly results late Tuesday and early Wednesday, including two retailers, a cloud security provider and a Chinese EV maker.
Short interest in EV stocks was mixed in the two-week reporting period ended April 30. Short sellers pulled out of Tesla while piling into one China-based automaker.
Short interest in EV stocks rose sharply in the two-week reporting period that ended April 15. Short sellers added to their positions on all but one EV stock.
As tech companies continued to be out of favor in March, electric vehicle makers saw short sellers piling into their stocks. Traditional automakers, meanwhile, saw a decline in short interest.
Chinese EV makers Nio and XPeng have reported first-quarter deliveries while investors wait to hear from Li Auto and market leader Tesla.
Short interest in electric vehicle makers mostly increased in the two-week reporting period that ended March 15. Traditional automakers GM and Ford saw larger interest from short sellers.
Short interest in automakers mostly declined in the two-week reporting period ended February 26. One maker of EV vans, however, saw short interest soar by nearly 50%.
Earnings releases for the most recently completed quarter are beginning to slow. Here's our look at one release due out Monday morning, plus a fast look at the once high-flying electric vehicle...
Short interest in electric vehicle makers mostly declined in the two-week reporting period that ended February 12.
Our earnings preview for Wednesday afternoon and Thursday morning includes a COVID-19 vaccine maker, a chipmaker and a company that designs and builds hydrogen fuel cells.
Short interest plunged more than 20% on three electric vehicle makers in the two-week short interest period ending January 29.
Short sellers may be giving up trying to outsmart Tesla shareholders. They have been turning more attention to the country's traditional automakers.
With share prices of electric vehicle makers soaring, it should be no surprise that short sellers are pouncing on the stocks as well.