Looking Into Fisker's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Fisker Inc. (NYSE:FSR) has experienced a 5.98% increase in short interest since its last report, with 94.50 million shares sold short, representing 44.13% of its float. It would take about 6.44 days to cover all short positions. This rise in short interest may indicate a bearish market sentiment towards FSR, although it doesn't necessarily predict a price drop. Fisker's short interest is significantly higher than its peer group average of 9.05%.
December 08, 2023 | 5:45 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Fisker's short interest has increased, indicating a bearish sentiment or potential for a short squeeze. The high short interest compared to peers suggests market skepticism.
While the increase in short interest suggests that the market is bearish on Fisker, it doesn't necessarily mean the stock price will fall. High short interest can sometimes lead to a short squeeze if the stock price starts to rise, which could then push prices higher. The impact is neutral in the short term as it could go either way depending on market dynamics and investor reactions.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100