RIVN % short interest at 15.80%. Highest in over a year

[DuoRivians]

Previous reading two weeks ago was 15.1%. Last April, it was 11.5%.

In the meantime, company is beating street expectations quarter after quarter.

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[Donald Stanfield]

I can't stand short sellers. Parasites on the economy.

 

[mkg3]

I don't short stocks but I do understand the purpose of being able to short.

Its a free market force to offset the bulls running the stock price up - check and balance.

 

[Redline]

I can't stand short sellers. Parasites on the economy.

Also amazing fuel to the fire of a short squeez

 

[Redline]

Speaking of which, RIVN is getting spicy here. Just about to clear the 21ema...

 

[Freddie]

If the market continues to do what it’s doing from a few days, we could see some of these folks running to cover their shorts! RIVN is inching closer towards 200 MA, let’s see what’s in store

 

[COdogman]

Can one of you smart investor types explain to me the short %? I know what short selling is but I can’t say I understand what that metric means. Thank you in advance for schooling those of us who have taken too many shots to the head….

 

[jjswan33]

Can one of you smart investor types explain to me the short %? I know what short selling is but I can’t say I understand what that metric means. Thank you in advance for schooling those of us who have taken too many shots to the head….

It is the percent of shares outstanding of a company that have been sold short.

So for RIVN it means that ~150M of the 957M shares outstanding are currently sold short and not yet covered/repurchased.

 

[COdogman]

It is the percent of shares outstanding of a company that have been sold short.

So for RIVN it means that ~150M of the 957M shares outstanding are currently sold short and not yet covered/repurchased.

Got it. As a thank you I offer this gif of a pug stuck in a toilet.

 

[DuoRivians]

It is the percent of shares outstanding of a company that have been sold short.

So for RIVN it means that ~150M of the 957M shares outstanding are currently sold short and not yet covered/repurchased.

It’s the public float, ie 665.9 million, not the shares outstanding, that’s the denominator.

105/665.9

Public float are shares that are held by public investors. Not by executives, directors, or the company.

 

[Cycliste]

Short sellers also decrease selling pressure during a crash as they cover their shorts. They are a vital part of the ecosystem. Like vultures condors.

 

[DuoRivians]

Short sellers also decrease selling pressure during a crash as they cover their shorts. They are a vital part of the ecosystem. Like vultures condors.

I disagree 100% that they mitigate any fall in the stock in a crash

 

[Here2there]

Just finished watching Dumb Money. Is it time to start buying more and more RIVN stock?

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