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MLB's COVID-19 Struggles May Halt DraftKings Short Squeeze
Monday, August 3, 2020 - 5:51pm | 448Read More...Draftkings Inc (NASDAQ: DKNG) shares are now down 6.5% in the past week after Major League Baseball’s opening weeks of play have been far from smooth. Miami Marlins games have been postponed after 21 players tested positive for COVID-19, and the St. Louis Cardinals games were also placed...
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Pinterest Short Sellers Are Getting Crushed
Monday, August 3, 2020 - 2:15pm | 482Read More...Pinterest Inc (NYSE: PINS) shares are up another 7% on Monday and are now up 45.6% overall in the past two trading sessions after the company reported 4% revenue growth and 49 million new users in the second quarter. Global monthly active users were up 39% compared to a year ago. While Pinterest...
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Big Tech Stocks Among The Most Shorted In The Market
Friday, July 31, 2020 - 9:51am | 486Read More...Big tech stocks Apple, Inc. (NASDAQ: AAPL), Facebook, Inc (NASDAQ: FB), Amazon.com, Inc. (NASDAQ: AMZN) and Alphabet, Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) traded mostly higher on Friday after the company’s earnings reports exceeded expectations across the board. Despite these stocks’...
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Kodak Short Sellers Are Getting Obliterated
Thursday, July 30, 2020 - 11:40am | 495Read More...Eastman Kodak Company (NYSE: KODK) shares gained another 19% in early Thursday trading and are now up a whopping 1,780% since last Friday’s close. The massive move came in response to the company securing a $765 million loan from the U.S. government to produce generic drug ingredients under...
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Semiconductor Short Sellers Take $800M Hit From AMD Earnings Beat
Thursday, July 30, 2020 - 10:51am | 476Read More...Advanced Micro Devices, Inc. (NASDAQ: AMD) shares jumped 12.8% following the company’s second-quarter earnings beat this week. Semiconductor stocks traded higher in sympathy with AMD, and short sellers took a major beating. In fact, semiconductor short sellers took an $800.3 million paper...
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Is Now The Time To Short Tesla's Stock?
Friday, July 24, 2020 - 1:35pm | 486Read More...Tesla Inc (NASDAQ: TSLA) shares took another big hit on Friday and are now down 9.8% since the company reported second-quarter earnings on Wednesday. The sell-off has eased some pressure of a short squeeze in the stock that has endured throughout 2020, and some traders are speculating now may...
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10 Hot Stocks At Risk Of A Short Squeeze
Monday, July 20, 2020 - 11:20am | 635Read More...Short squeezes are one of the most powerful short-term market catalysts and can generate huge surges in share price. A short squeeze occurs when a heavily shorted stock rises enough that it begins to force its short sellers to close their position by buying the stock. That short covering volume...
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Short Sellers Pile Into China Stocks Following July Rally
Tuesday, July 14, 2020 - 12:05pm | 583Read More...Chinese stocks have been on fire in the past month, with the Ishares China Large-Cap Etf (NYSE: FXI) more than doubling the return of the S&P 500 in that time. But according to a new report from S3 Partners analyst Ihor Dusaniwsky, short sellers are taking advantage of the bullish momentum to...
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Analyst: Tesla And Nikola Are The 'Silent Short Seller Killers'
Friday, July 10, 2020 - 10:20am | 609Read More...A buying frenzy in electric vehicles stocks has Tesla Inc (NASDAQ: TSLA) shares up 62.1% and Nikola Corporation (NASDAQ: NKLA) shares up 60% since Nikola first began trading on June 4. While EV investors are making a killing off the scramble for EV stocks, S3 Partners analyst Ihor Dusaniwsky...
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Wirecard Short Sellers Bank $2.2B In Profits Off Accounting Scandal
Friday, June 19, 2020 - 9:48am | 466Read More...Wirecard AG (OTC: WRCDF) shares have collapsed in the past two days after the company said it could not account for $2.1 billion in cash that was listed on its balance sheet. On Thursday, Wirecard shares plummeted more than 60%, and the stock dropped another 45% on Friday morning after the company...
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Why Bankrupt Hertz Is A 'Short Squeeze Poster Child' Ahead Of Bizarre Equity Offering
Tuesday, June 16, 2020 - 1:35pm | 539Read More...On Monday, Hertz Global Holdings Inc (NYSE: HTZ) announced it would be selling up to $500 million in common stock. In the same filing, the bankrupt company said those shares of stock are unlikely to ultimately hold any value unless higher priority debtholders are fully paid, and short sellers seem...
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Analyst: Nikola Is 'Prime Target For A Short Squeeze'
Monday, June 15, 2020 - 3:35pm | 365Read More...Electric truck maker Nikola Corporation (NASDAQ: NKLA) has gained nearly 70% since going public via a reverse merger on June 4. The stock’s performance in the last two weeks is certainly impressive, but a spike in borrow rates suggests the big move may just be getting started. Major ...
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Cannabis Short Sellers Down $641M In May
Friday, May 22, 2020 - 10:26am | 555Read More...After netting nearly $1 billion in profits in 2019, cannabis short sellers got off to a strong start in 2020 as well. However, cannabis stocks have taken off in recent weeks, and cannabis short sellers are feeling the pain. What Happened S3 Partners analyst Ihor Dusaniwsky said Thursday that...
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Moderna Short Sellers Take $450M Hit Following Coronavirus Vaccine Data
Tuesday, May 19, 2020 - 12:09pm | 503Read More...Biotech stocks are often high-risk, high-reward investments that have binary outcomes based on one or a handful of drug or device candidates in development. Shorting these types of stocks can be very risky due to the potential for unexpected positive testing data, regulatory approvals and buyouts....
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ETF Short Sellers Are Targeting Retail, Biotech
Wednesday, May 13, 2020 - 12:31pm | 689Read More...The S&P 50o has come roaring back in the past two months, but there are still plenty of skeptics when it comes to the recent rally. There is currently $168.2 billion in aggregate domestic ETF short interest, according to S3 Partners analyst Ihor Dusaniwsky. Over the past month, Dusaniwsky said...
