Tesla already 'biggest short in the market' as Burry piles on: S3 Partners

The family office of Michael Burry had a big bearish bet on Tesla as of the end of the first quarter. ทางเข้าjoker123 The investor, who gained fame from the book and movie «The Big Short,» is far from alone.

«Tesla is, by far, the biggest short in the market,» Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners, told Yahoo Finance Live. «It's been the largest worldwide short for several years now.»

Tesla's short interest stood at $22.5 billion as of May 13, according to S3 data. As Dusaniwsky pointed out, that's almost as much as the short interest pegged to Amazon and Microsoft combined. Put most simply, shorting a stock allows a trader to bet it will move lower. For a fee, the trader borrows a share to sell, then eventually «covers» or buys it — ideally at a lower price — and collects the difference. When the stock doesn't move lower as expected, the trader sometimes finds it too expensive to hold the short, and/or loses patience. That could be enough for the trader to throw in the towel and «buy to cover» the trade. But that buying among multiple short sellers can feed on itself. If new bulls are buying the stock, the price can go parabolic in a classic «short squeeze.»

That's what had happened to Tesla shares over the past several years: short interest climbed but then the shares skyrocketed, forcing waves of short squeezes that pushed them even higher. That cycle came to at least a temporary pause this year. Tesla's stock has fallen nearly 30% from its record high on Jan. 8.

Even as prices for high-momentum names have moved lower, though, short bets have continued.

«People are shorting into this downward movement» in tech, said Dusaniwsky. «So they're actually keeping their bets up by shorting more stock as the stock price goes down.»
  • 0
  • avatar
  • ritcha
  • 19 мая 2021, 10:43

Комментарии (8)

كشف تسربات المياه بالقصيم
شركة كشف تسربات المياه ببريدة
كشف تسربات المياه ببريدة
كشف تسربات المياع بعنيزة
malakslman.com
كشف تسربات المياه بالقصيم
شركة كشف تسربات المياه ببريدة
كشف تسربات المياه ببريدة
كشف تسربات المياع بعنيزة
  • avatar
  • sdsdsds (Гость)
  • 19 июня 2021, 10:21
  • #
Michael Zerafa talked the talk, created the hype, signed the contract, and then went silent. That’s Tszyu vs Zerafa Fight how the Tim Tszyu camp sees it, at least. I thought he would have been going on with his antics as he always has throughout this whole three or four years, how he’s acted.
  • avatar
  • Carolyn McInt (Гость)
  • 23 сентября 2021, 10:18
  • #
The opinion you expressed there is very interesting to me, and I think it's a very interesting one. The Post consistently produces wonderful content and is informative. I appreciate your sharing. I recommend that you also visit my blog to learn more about running BPM. Go to my blog and take a look.
In response to the man asking about water flow meter cad symbol, thermal mass flow meter p&id symbol, coriolis flow meter calibration procedure pdf, water flow meter calibration certificate, water flow meter price philippines, oxygen regulator with flow meter amazon, asthma peak flow meter readings adults, what is a flow meter and how does it work, mass flow meter calibration certificate, oxygen flow meter for home use, flow meter calibration equipment, peak flow meter readings asthma, water flow meter calibration equipment, adjusting flow meter underfloor heating, flow meter reading negative, I highly recommend this recommended flow meter blog for underfloor heating flow meter leaking, flow meter oxygen amazon, peak flow meter chart asthma, peak flow meter during asthma attack, water flow meter with temperature sensor, water flow meter sensor arduino, water flow meter digital output, water flow meter cad symbol, flow meters water line, mass flow meter calibration equipment, flow meter isometric symbol, how does high flow oxygen therapy work, oxygen flow meter online shopping, gas flow meter calibration standards, flow meter calibration certificate template, is good as well. See More Awesome Betflik Advice 9c2f6e1
En junio de 2018, el saldo de mi préstamo estudiantil era de $ 73,976, que aún estaba por encima del capital original que pedí prestado. Pero cuando encontré una tasa de interés más baja del 4.7% con los préstamos para estudiantes de College Ave, decidí refinanciar por segunda vez. Minicreditos

Оставить комментарий

Вставка изображения

Введите цифры и буквы



Ваше имя: