Workhorse Group Inc.

NASDAQ: WKHS
$3.14
-$0.03 (-0.9%)
Closing price June 24, 2022
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.
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.
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.
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...
Electric vehicle maker Tesla has entered an agreement with 10 brokerages to offer $5 billion worth of new stock in the company.