Electrameccanica Vehicles (SOLO) Short Interest Ratio & Short Volume

Short interest is the volume of Electrameccanica Vehicles shares that have been sold short but have not yet been covered or closed out. As of March 31st, traders have sold 29,300 shares of SOLO short. Learn More on Electrameccanica Vehicles' current short interest.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Electrameccanica Vehicles: Simplex Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Electrameccanica Vehicles saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 29,300 shares, a decline of 99.2% from the previous total of 3,480,000 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.

Here is how the short interest of companies in the sector of "auto/tires/trucks" compare to Electrameccanica Vehicles: Vicinity Motor Corp. (0.02%), Fisker Inc. (28.70%), REE Automotive Ltd. (2.07%), Cenntro Inc. (3.89%), Workhorse Group Inc. (17.59%), Cheetah Net Supply Chain Service Inc. (7.61%), Phoenix Motor Inc. (0.62%), Vroom, Inc. (22.14%), Mullen Automotive, Inc. (21.74%), Envirotech Vehicles, Inc. (1.74%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

Short selling SOLO is an investing strategy that aims to generate trading profit from Electrameccanica Vehicles as its price is falling. SOLO shares are trading down $0.01 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 Electrameccanica Vehicles occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of SOLO, 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 SOLO, twice per month. The most recent reporting period available is March, 31 2024.