Workhorse Group Inc.

NASDAQ: WKHS
$7.69
-$0.55 (-6.7%)
Closing price May 12, 2021
One of Cathie Wood's Ark Invest funds sold over 1.5 million shares of Workhorse on May 11.
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.
After a quiet Friday afternoon, March quarter earnings hit the ground running again before markets open Monday. More than 1,500 earnings reports are expected next week.
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.
Alternative energy stocks have skyrocketed over the past 12 months, even after hitting a soft patch earlier this year. They now appear to be regaining some analysts' favor.
Friday’s top analyst upgrades and downgrades included BP, Comcast, Coinbase, Cisco Systems, D.R. Horton, Editas Medicine, FuelCell, KB Home, Micron Technology, Splunk, United Airlines and more.
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.
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%.
Ohio-based electric vehicle maker Workhorse is rounding up support from the state's politician to challenge the company's loss of a $6 billion contract for USPS delivery vans.
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Short interest in electric vehicle makers mostly declined in the two-week reporting period that ended February 12.
Shares of electric delivery van maker Workhorse took a big hit following the U.S. Postal Service's selection of a rival bidder's vehicle to replace up to 165,000 USPS delivery trucks.
Short interest plunged more than 20% on three electric vehicle makers in the two-week short interest period ending January 29.