shortselling News & Analysis
2 articles
Market Mood
SpaceX (SPCX) Shares Fall 28% From June Peak Amid Short Seller Caution
SpaceX (SPCX) shares have declined approximately 28% from their peak on June 16, following a post-IPO rally that erased hundreds of billions in market value. Despite this significant drop, short-selling interest remains modest, with about 40 million shares sold short, representing roughly 5% to 7% of the 625 million publicly tradable shares. Traders are hesitant to engage in short positions against SpaceX, which is seen as a major growth company with strong retail investor support. Low borrowing costs, with fees below 1%, indicate ample liquidity in the securities lending market.
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Xiaomi (1810.HK) Short Bets Reach Record Levels Ahead of Earnings
Short positions in Xiaomi (1810.HK) have reached record levels, driven by concerns over rising costs. The increase in short bets suggests investor apprehension before the company's upcoming earnings report. The company's financial outlook may impact stock performance and investor sentiment significantly. As market conditions evolve, the implications of these short positions could affect trading volumes leading up to and following the earnings announcement.
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