Elon Musk unveiled Tesla’s ‘short shorts’ priced at $69.420, which sold out within hours. This is a proverbial kick in the gut for Tesla’s short-sellers, who have lost a fortune trying to short Tesla. Short sellers like Stanphyl Capital are going to get crushed again, despite having convincing arguments about the flailing fundamentals of Tesla…
Since the 2019 low, Tesla’s stock has rallied over 400%. Long-suffering short sellers recently managed to catch a lucky break amid the coronavirus-induced selling. TSLA is overwhelmingly the most shorted stock currently. Despite incurring massive losses due to Tesla’s (NASDAQ:TSLA) 2019-20 rally, short sellers are yet to give up. Their patience paid off somewhat during…
Short-sellers in Apple ramped up activity in December compared to January. Apple’s dividend yield is now below other big stocks. The tech giant’s P/E ratio is also higher than its average over the last five years, making the stock relatively pricey. iPhone-maker Apple (NASDAQ:AAPL) may have closed the year as the Dow’s biggest gainer but…
