Li Auto Inc
NASDAQ: LI
$18.80
-$0.64 (-3.3%)
Closing Price on June 14, 2024
LI Articles
Short sellers may be giving up trying to outsmart Tesla shareholders. They have been turning more attention to the country's traditional automakers.
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With share prices of electric vehicle makers soaring, it should be no surprise that short sellers are pouncing on the stocks as well.
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Everyone knows about Tesla's soaring stock price during 2020. The company has continued its run through the first few trading days of 2021 as have the stocks of a number of other EV makers.
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Tesla and three leading China-based EV makers have reported fourth-quarter deliveries that are well above prior year totals.
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Short interest in electric vehicle stocks was mixed in the two-week period that ended November 30. Two Chinese EV makers saw major swings, though, with short sellers bailing on one and embracing the...
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Electric vehicle maker Tesla has entered an agreement with 10 brokerages to offer $5 billion worth of new stock in the company.
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Short interest in electric carmakers mostly increased in the two-week reporting period ended November 13. Soaring share prices brought out the short sellers.
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Short interest was mixed on electric vehicle makers in the two-week reporting period ended October 30. Short sellers also decreased their positions in two traditional carmakers.
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A Citigroup analyst on Wednesday raised his price target on one Chinese EV maker's stock and started coverage on two others. Short version: he likes what he sees.
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China's three top EV makers reported October deliveries Monday morning and all posted big year-over-year gains.
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Short interest in electric vehicle makers was evenly mixed in the two-week reporting period that ended October 15. But a couple of truck makers got some bad news Monday.
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Short interest increased on seven of eight carmakers in the two-week reporting period that ended September 30.
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Short sellers continue to place bets that electric vehicle makers' shares will fall while pulling out of traditional automakers' stocks.
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Short sellers loaded up on shares of a China-based electric vehicle maker, and a stock split lifted short interest in the world's top maker of EVs.
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Shanghai-based priced an upsized secondary offering of 88.5 million shares at $17, about 8% below last Friday's closing price. But that's only a small bit of the news from electric vehicle makers on...
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