Tesla short interest is at $10.92 billion, with 31.38 million shares shorted for 24.40% of its float.
Tesla continues to be the most shorted U.S. equity, ahead of AMZN ($8.41 billion), AAPL ($8.40 billion) and QCOM ($6.91 billion.)
Net short covering continues in Tesla with over 300k of net short shares covered today. This follows 780 thousand shares covered over the last week and 3.2 million shares in the 3rd and 4th quarters.
Shorts are down $141 million in mark-to-market profits today as TSLA’s stock price is up almost 2% today. Shorts are down $2.08 billion in mark-to-market year-to-date losses.
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