There is a lot of noise around the Tesla community regarding short sellers and how this precentage jumped from 3.2% to 3.8%. This after a long run.
In this video I break down the two main types of short sellers along with what is really taking place. This is a market action and, to many shorts, the company means little. They are looking for moves in the stock price, that is all.
I provide a comparison of how NVIDIA performed yet this could also see an increase in position. It actually makes sense that short positions increase when big moves take place.
We dive into it here.
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