Lucid Group (LCID) Short Interest Ratio & Short Volume

Short interest is the volume of Lucid Group shares that have been sold short but have not yet been covered or closed out. As of February 29th, traders have sold 251,630,000 shares of LCID short. 29.73% of Lucid Group's shares are currently sold short. Learn More on Lucid Group's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. LCID shares currently have a short interest ratio of 6.0. Learn More on Lucid Group's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Lucid Group: Nomura Holdings Inc., BlueCrest Capital Management Ltd, III Capital Management, Capstone Investment Advisors LLC, Weiss Asset Management LP, IMC Chicago LLC, UBS Group AG, Cowen AND Company LLC, Concourse Financial Group Securities Inc., National Bank of Canada FI, and Wolverine Asset Management LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 29.73% of Lucid Group's floating shares are currently sold short.

Lucid Group saw a decrease in short interest during the month of February. As of February 29th, there was short interest totaling 251,630,000 shares, a decrease of 1.0% from the previous total of 254,070,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Lucid Group currently has issued a total of 2,300,050,000 shares. Some of Lucid Group's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Lucid Group currently has a public float of 846,330,000 shares.

29.73% of Lucid Group's shares are currently sold short. Here is how the short interest of companies compare to Lucid Group: Alight, Inc. (5.06%), Nio Inc - (11.57%), Immunovant, Inc. (14.92%), XPeng Inc. (4.95%), SoFi Technologies, Inc. (18.99%), Oshkosh Co. (2.52%), Polestar Automotive Holding UK PLC (5.42%), Rivian Automotive, Inc. (18.33%), BRP Inc. (5.98%), Harley-Davidson, Inc. (5.52%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.39 billion), General Motors ($3.88 billion), Super Micro Computer, Inc. ($3.51 billion), Charter Communications, Inc. ($3.22 billion), Occidental Petroleum Co. ($3.13 billion), Tractor Supply ($2.76 billion), Coinbase Global, Inc. ($2.63 billion), Suncor Energy Inc. ($2.48 billion), Moderna, Inc. ($2.04 billion), and Royal Caribbean Cruises Ltd. ($1.87 billion). View all of the most shorted stocks.

Short selling LCID is an investing strategy that aims to generate trading profit from Lucid Group as its price is falling. LCID shares are trading up $0.14 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Lucid Group occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of LCID, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including LCID, twice per month. The most recent reporting period available is February, 29 2024.