Workhorse Group Inc
NASDAQ: WKHS
$0.16
+$0.00 (+-0.1%)
Closing price April 24, 2024
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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Chinese carmaker Kandi has dropped about 30% of its value in the last day and a half. A private placement of $60 million in common stock gets most of the blame.
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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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Thursday's top analyst upgrades and downgrades included AGCO, Ambarella, Bank of America, Beyond Meat, Chipotle Mexican Grill, Costco Wholesale, CrowdStrike, Eli Lilly, JPMorgan, MongoDB, SmartSheet...
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