Nikola, high short interest Short

Nikola CorporationNASDAQ

Description

⋅ Oct 3, 2021 11:23 AM

Short interest report date: 09/15/2021
Days to Cover: 5.3
Short Percent of Float: 33.33%
+4.7% compared with previous month.
looks very bearish.

Trend Analysis

Comments

HHSPN

⋅ Oct 5, 2021 6:31 AM

What is your target for short? Bottom redline a good point to accumulate for long term?

dainiushka

⋅ Oct 6, 2021 9:21 AM

@HHSPN, Very high short interest, I think that the price will breakout down from bottom redline. Shorting the stock is dangerous game, so maybe there is a reason, that short interest is high.