Top 10 most shorted stocks on Wall Street
While the broader S&P 500 (SP500) index topped a new all-time trading high on Wednesday, some stocks are still receiving limited buying interest as Seeking Alpha outlines some of Wall Street’s most shorted stocks.
To put in perspective, short interest refers to the total number of shares of a specific stock that have been sold short by investors but have not yet been repurchased back or closed out.
Outlined below are the ten stocks with the highest short interest on Wall Street that also each have Strong Sell ratings per Seeking Alpha’s quant metrics.
Top 10 Most Shorted Stocks on Wall Street
No. 10: Virgin Galactic Holdings (NYSE:SPCE), short interest 24.01%.
No. 9: Luminar Technologies (NASDAQ:LAZR), short interest 24.11%.
No. 8: Bluebird bio, Inc. (NASDAQ:BLUE), short interest 24.96%.
No. 7: Blink Charging (NASDAQ:BLNK), short interest 25.02%.
No. 6: Wolfspeed (WOLF), short interest 27.71%.
No. 5: Spirit Airlines (SAVE), short interest 28.87%.
No. 4: Designer Brands (DBI), short interest 28.98%.
No. 3: Nikola Corporation (NKLA), short interest 29.07%.
No. 2: SolarEdge Technologies (SEDG), short interest 32.91%.
No. 1: Knightscope (KSCP), short interest 428.50%.
Year-to-date performance: SPCE -87.4%, LAZR -75.4%, BLUE -64.7%, NLNK -43.6%, WOLF -78.1%, SAVE -88.4%, DBI -31.1%, NKLA -82.8%, SEDG -80.2%, and KSCP -80.9%.