In this article, we will discuss the 10 most shorted publicly traded companies in the United States right now.
The US stock market has been in a correction mode as the S&P 500 Index and the Dow 30 Index have lost more than 14% and 10% of their value YTD, respectively. Meanwhile, The NASDAQ Composite Index has entered the bear market territory with a fall of 23% YTD. Rising inflation, interest rate hike, supply chain disruptions due to COVID-19-related lockdowns in China, and the Russia-Ukraine conflict are the major negative developments that are taking a toll on the market sentiments. Under these circumstances, investors have initiated short positions in some companies to benefit from the fall in their stock prices.
We have ranked the companies according to the percentage of the float short as of June 7, 2022. We also look at the short ratio. In addition, we have only included companies with a market cap of at least $2B. Furthermore, we give a short description of each company and an overall snapshot of their performance.
Before we look at the companies, let’s define what is float short and short ratio.
What is the percentage of the float short? The short percentage of float describes the amount of shorted shares as a percentage of shares not restricted and available to be traded. High short interest can signal negative company prospects or disagreement among investors, while low short interest reflects a greater consensus on a stock price. A high short percentage of float also indicates a greater risk of a short squeeze.
What is the short ratio? A short ratio is a widely-used tool by short-selling hedge funds and other portfolio managers in the stock market. The short ratio indicates the number of shares that investors sell short over the average daily volume of the stock on the basis of 1 or 3 months.
Let’s start with the companies:
10. EVgo, Inc. (Ticker: EVGO)
Float Shorted: 30.30%
EVgo Inc. (NASDAQ: EVGO) stock closed at 9.32 per share at the end of the most recent trading day (a -2.82% change compared to the prior day closing price) with a volume of 1.60M shares. It ss a component of indices and it is traded on NASDAQ exchange. The company belongs in the Retail – Cyclical industry, Consumer Cyclical sector. EVgo Inc. CEO is Cathy Zoi.
The one-year performance of EVgo Inc. stock is -31.6%, while year-to-date (YTD) performance is -6.24%. EVGO stock has a five-year performance of %. Its 52-week range is between 6.9 and 19.5888, which gives EVGO stock a 52-week price range ratio of 19.07%
EVgo Inc. currently has a PE ratio of -24.10, a price-to-book (PB) ratio of 90.14, a price-to-sale (PS) ratio of 30.62, a PEG ratio of 2.32, a ROA of -4.24%, a ROC of -36.69% and an ROE of 2.13%. The company’s profit margin is -75.79%, its EBITDA margin is -267.90%, and its revenue ttm is $21.00 Million, which makes it $0.30 revenue per share.
Of the last four earnings reports from EVgo Inc., there were 2 positive earnings surprises and 1 negative earnings surprise. The company has EPS estimate of $-0.10 for the next earnings report.
The consensus rating of Wall Street analysts for EVgo Inc. is Moderate Buy (2), with a target price of $14.33, which is +53.76% compared to the current price. The earnings rating for EVgo Inc. stock is (calculated from actual period earnings estimates revision (80% weight) and previous period earnings surprise (20% weight)).
EVgo Inc. pays no dividend.
EVgo Inc. has a Sell technical analysis rating based on Technical Indicators (ADX : 16.67, ATR14 : 0.74, CCI20 : 72.70, Chaikin Money Flow : -0.04, MACD : -0.08, Money Flow Index : 47.14, ROC : 3.56, RSI : 48.25, STOCH (14,3) : 52.00, STOCH RSI : 0.16, UO : 48.67, Williams %R : -48.00), Simple Moving Averages and Exponential Moving Averages.
9. Arch Resources, Inc. (Ticker: ARCH)
Float Shorted: 31.79%
Arch Resources Inc. Class A (NYSE: ARCH) stock closed at 159.85 per share at the end of the most recent trading day (a 1.03% change compared to the prior day closing price) with a volume of 445.25K shares. Is a component of indices and it is traded on NYSE exchange. The company belongs in the Other Energy Sources industry, Energy sector and employs 3200 people. Arch Resources Inc. Class A CEO is Paul A. Lang.
The one-year performance of Arch Resources Inc. Class A stock is 163.79%, while year-to-date (YTD) performance is 75.04%. ARCH stock has a five-year performance of 135.63%. Its 52-week range is between 49.55 and 183.53, which gives ARCH stock a 52-week price range ratio of 82.33%
Arch Resources Inc. Class A currently has a PE ratio of 4.90, a price-to-book (PB) ratio of 2.65, a price-to-sale (PS) ratio of 0.91, a price to cashflow ratio of 5.70, a PEG ratio of 2.32, a ROA of 32.17%, a ROC of 62.19% and an ROE of 103.44%. The company’s profit margin is 22.72%, its EBITDA margin is 28.40%, and its revenue ttm is $2.72 Billion, which makes it $175.64 revenue per share.
Of the last four earnings reports from Arch Resources Inc. Class A, there were 4 positive earnings surprises and 0 negative earnings surprises. The company has EPS estimate of $18.32 for the next earnings report. Arch Resources Inc. Class A’s next earnings report date is 26th Jul 2022.
The consensus rating of Wall Street analysts for Arch Resources Inc. Class A is Strong Buy (1.5), with a target price of $158.5, which is -0.84% compared to the current price. The earnings rating for Arch Resources Inc. Class A stock is Strong Buy (calculated from actual period earnings estimates revision (80% weight) and previous period earnings surprise (20% weight)).
Arch Resources Inc. Class A has a dividend yield of 0.63% with a dividend per share of $1.00 and a payout ratio of 122.00%.
Arch Resources Inc. Class A has a Neutral technical analysis rating based on Technical Indicators (ADX : 7.68, ATR14 : 11.99, CCI20 : -76.93, Chaikin Money Flow : -0.02, MACD : 0.34, Money Flow Index : 42.37, ROC : -0.19, RSI : 48.69, STOCH (14,3) : 33.37, STOCH RSI : 0.26, UO : 54.24, Williams %R : -66.63), Simple Moving Averages and Exponential Moving Averages.
8. Upstart Holdings, Inc. (Ticker: UPST)
Float Shorted: 31.93%
Upstart Holdings Inc. (NASDAQ: UPST) stock closed at 46.1 per share at the end of the most recent trading day (a -5.03% change compared to the prior day closing price) with a volume of 5.27M shares. Is a component of Russell 1000 indices and it is traded on NASDAQ exchange. The company belongs in the Credit Services industry, Financial Services sector and employs 429 people. Upstart Holdings Inc. CEO is Dave Girouard.
The one-year performance of Upstart Holdings Inc. stock is -72.88%, while year-to-date (YTD) performance is -69.53%. UPST stock has a five-year performance of %. Its 52-week range is between 25.43 and 401.4899, which gives UPST stock a 52-week price range ratio of 5.33%
Upstart Holdings Inc. currently has a PE ratio of 29.40, a price-to-book (PB) ratio of 4.69, a price-to-sale (PS) ratio of 3.80, a price to cashflow ratio of 18.50, a PEG ratio of 2.32, a ROA of 12.91%, a ROC of -% and an ROE of 26.80%. The company’s profit margin is 15.42%, its EBITDA margin is -%, and its revenue ttm is $1.03 Billion, which makes it $12.14 revenue per share.
Of the last four earnings reports from Upstart Holdings Inc., there were 4 positive earnings surprises and 0 negative earnings surprises. The company has EPS estimate of $0.25 for the next earnings report.
The consensus rating of Wall Street analysts for Upstart Holdings Inc. is Hold (3), with a target price of $60, which is +33.93% compared to the current price. The earnings rating for Upstart Holdings Inc. stock is (calculated from actual period earnings estimates revision (80% weight) and previous period earnings surprise (20% weight)).
Upstart Holdings Inc. pays no dividend.
Upstart Holdings Inc. has a Sell technical analysis rating based on Technical Indicators (ADX : 20.70, ATR14 : 8.36, CCI20 : 28.75, Chaikin Money Flow : 0.09, MACD : -7.04, Money Flow Index : 64.13, ROC : -4.63, RSI : 42.67, STOCH (14,3) : 55.06, STOCH RSI : 0.51, UO : 51.38, Williams %R : -44.94), Simple Moving Averages and Exponential Moving Averages.
7. Wayfair, Inc. (Ticker: W)
Float Shorted: 32.75%
Wayfair Inc. Class A (NYSE: W) stock closed at 56.84 per share at the end of the most recent trading day (a -2.5% change compared to the prior day closing price) with a volume of 2.58M shares. Is a component of Russell 1000 indices and it is traded on NYSE exchange. The company belongs in the Retail – Cyclical industry, Consumer Cyclical sector and employs 16122 people. Wayfair Inc. Class A CEO is Niraj Shah.
The one-year performance of Wayfair Inc. Class A stock is -82.67%, while year-to-date (YTD) performance is -70.08%. W stock has a five-year performance of -17.54%. Its 52-week range is between 45.13 and 339.5577, which gives W stock a 52-week price range ratio of 2.73%
Wayfair Inc. Class A currently has a PE ratio of -12.80, a price-to-book (PB) ratio of 2 679.46, a price-to-sale (PS) ratio of 0.34, a price to cashflow ratio of 870.30, a PEG ratio of 2.32, a ROA of -10.68% and an ROE of 28.43%. The company’s profit margin is -3.61%, its EBITDA margin is -0.80%, and its revenue ttm is $13.22 Billion, which makes it $166.22 revenue per share.
Of the last four earnings reports from Wayfair Inc. Class A, there were 2 positive earnings surprises and 2 negative earnings surprises. The company has EPS estimate of $-2.59 for the next earnings report.
The consensus rating of Wall Street analysts for Wayfair Inc. Class A is Hold (3.06), with a target price of $129.64, which is +145.16% compared to the current price. The earnings rating for Wayfair Inc. Class A stock is Strong Sell (calculated from actual period earnings estimates revision (80% weight) and previous period earnings surprise (20% weight)).
Wayfair Inc. Class A pays no dividend.
Wayfair Inc. Class A has a Sell technical analysis rating based on Technical Indicators (ADX : 15.56, ATR14 : 6.85, CCI20 : 45.65, Chaikin Money Flow : -0.05, MACD : -6.33, Money Flow Index : 60.68, ROC : 19.41, RSI : 42.93, STOCH (14,3) : 56.96, STOCH RSI : 0.28, UO : 55.59, Williams %R : -43.04), Simple Moving Averages and Exponential Moving Averages.
6. HashiCorp, Inc. (Ticker: HCP)
Float Shorted: 34.34%
HashiCorp Inc. (NASDAQ: HCP) stock closed at 35.57 per share at the end of the most recent trading day (a 4.62% change compared to the prior day closing price) with a volume of 2.83M shares. Is a component of indices and it is traded on NASDAQ exchange. The company belongs in the Software industry, Technology sector and employs 1650 people. HashiCorp Inc. CEO is David McJannet.
The one-year performance of HashiCorp Inc. stock is %, while year-to-date (YTD) performance is -60.93%. HCP stock has a five-year performance of 29.19%. Its 52-week range is between 29.26 and 102.95, which gives HCP stock a 52-week price range ratio of 8.56%
HashiCorp Inc. currently has a PE ratio of -8.70, a price-to-book (PB) ratio of 5.01, a price-to-sale (PS) ratio of 3.01, a price to cashflow ratio of –, a PEG ratio of 2.32, a ROA of -36.37%, a ROC of -48.43% and an ROE of -65.21%. The company’s profit margin is -87.36%, its EBITDA margin is -89.40%, and its revenue ttm is $421.67 Million, which makes it $11.81 revenue per share.
Of the last four earnings reports from HashiCorp Inc., there were 1 positive earnings surprise and 1 negative earnings surprise. The company has EPS estimate of $-0.55 for the next earnings report.
The consensus rating of Wall Street analysts for HashiCorp Inc. is Moderate Buy (2), with a target price of $74.45, which is +109.31% compared to the current price. The earnings rating for HashiCorp Inc. stock is (calculated from actual period earnings estimates revision (80% weight) and previous period earnings surprise (20% weight)).
HashiCorp Inc. pays no dividend.
HashiCorp Inc. has a Neutral technical analysis rating based on Technical Indicators (ADX : 10.09, ATR14 : 5.68, CCI20 : 9.53, Chaikin Money Flow : 0.03, MACD : -2.39, Money Flow Index : 47.94, ROC : 5.80, RSI : 45.89, STOCH (14,3) : 48.05, STOCH RSI : 0.41, UO : 56.45, Williams %R : -51.95), Simple Moving Averages and Exponential Moving Averages.
5. Carvana Co. (Ticker: CVNA)
Float Shorted: 35.93%
Carvana Co. Class A (NYSE: CVNA) stock closed at 24.88 per share at the end of the most recent trading day (a -6.18% change compared to the prior day closing price) with a volume of 10.47M shares. Is a component of Russell 1000 indices and it is traded on NYSE exchange. The company belongs in the Retail – Cyclical industry, Consumer Cyclical sector and employs 10400 people. Carvana Co. Class A CEO is Ernie Garcia.
The one-year performance of Carvana Co. Class A stock is -90.52%, while year-to-date (YTD) performance is -89.27%. CVNA stock has a five-year performance of 96.52%. Its 52-week range is between 25.26 and 376.83, which gives CVNA stock a 52-week price range ratio of -0.11%
Carvana Co. Class A currently has a PE ratio of -6.50, a price-to-book (PB) ratio of 35.05, a price-to-sale (PS) ratio of 0.19, a price to cashflow ratio of –, a PEG ratio of 2.32, a ROA of -6.42%, a ROC of -4.77% and an ROE of -169.08%. The company’s profit margin is -5.15%, its EBITDA margin is -2.70%, and its revenue ttm is $14.07 Billion, which makes it $133.02 revenue per share.
Of the last four earnings reports from Carvana Co. Class A, there were 1 positive earnings surprise and 3 negative earnings surprise. The company has EPS estimate of $-1.71 for the next earnings report.
The consensus rating of Wall Street analysts for Carvana Co. Class A is Moderate Buy (2.35), with a target price of $129, which is +418.49% compared to the current price. The earnings rating for Carvana Co. Class A stock is Strong Sell (calculated from actual period earnings estimates revision (80% weight) and previous period earnings surprise (20% weight)).
Carvana Co. Class A pays no dividend.
Carvana Co. Class A has a Sell technical analysis rating based on Technical Indicators (ADX : 14.15, ATR14 : 6.41, CCI20 : -122.40, Chaikin Money Flow : -0.29, MACD : -11.46, Money Flow Index : 29.51, ROC : -29.02, RSI : 29.98, STOCH (14,3) : 0.88, STOCH RSI : 0.33, UO : 38.50, Williams %R : -99.12), Simple Moving Averages and Exponential Moving Averages.
4. MicroStrategy Incorporated (Ticker: MSTR)
Float Shorted: 36.45%
MicroStrategy Incorporated (NASDAQ: MSTR) stock closed at 235.44 per share at the end of the most recent trading day (a 3.62% change compared to the prior day closing price) with a volume of 580.76K shares. Is a component of indices and it is traded on NASDAQ exchange. The company belongs in the Software industry, Technology sector and employs 1997 people. MicroStrategy Incorporated CEO is Michael J. Saylor.
The one-year performance of MicroStrategy Incorporated stock is -53.12%, while year-to-date (YTD) performance is -56.76%. MSTR stock has a five-year performance of 28.99%. Its 52-week range is between 134.09 and 891.3799, which gives MSTR stock a 52-week price range ratio of 13.38%
MicroStrategy Incorporated currently has a PE ratio of -4.20, a price-to-book (PB) ratio of 2.97, a price-to-sale (PS) ratio of 4.33, a price to cashflow ratio of 31.70, a PEG ratio of 2.32, a ROA of -18.71%, a ROC of -20.57% and an ROE of -92.11%. The company’s profit margin is -90.01%, its EBITDA margin is 9.20%, and its revenue ttm is $507.14 Million, which makes it $54.33 revenue per share.
Of the last four earnings reports from MicroStrategy Incorporated, there were 2 positive earnings surprise and 2 negative earnings surprise. The company has EPS estimate of $1.50 for the next earnings report.
The consensus rating of Wall Street analysts for MicroStrategy Incorporated is Moderate Buy (2), with a target price of $494.5, which is +110.03% compared to the current price. The earnings rating for MicroStrategy Incorporated stock is Neutral (calculated from actual period earnings estimates revision (80% weight) and previous period earnings surprise (20% weight)).
MicroStrategy Incorporated pays no dividend.
MicroStrategy Incorporated has a Neutral technical analysis rating based on Technical Indicators (ADX : 21.68, ATR14 : 31.38, CCI20 : 87.77, Chaikin Money Flow : -0.16, MACD : -27.36, Money Flow Index : 61.03, ROC : 19.25, RSI : 44.61, STOCH (14,3) : 61.31, STOCH RSI : 0.59, UO : 53.54, Williams %R : -38.69), Simple Moving Averages and Exponential Moving Averages.
3. Camping World Holdings, Inc. (Ticker: CWH)
Float Shorted: 36.74%
Camping World Holdings Inc. Class A Commom Stock (NYSE: CWH) stock closed at 26.38 per share at the end of the most recent trading day (a 2.13% change compared to the prior day closing price) with a volume of 820.33K shares. Is a component of indices and it is traded on NYSE exchange. The company belongs in the Vehicles & Parts industry, Consumer Cyclical sector and employs 12207 people. Camping World Holdings Inc. Class A Commom Stock CEO is Marcus A. Lemonis.
The one-year performance of Camping World Holdings Inc. Class A Commom Stock stock is -37.08%, while year-to-date (YTD) performance is -34.7%. CWH stock has a five-year performance of -7.37%. Its 52-week range is between 24.58 and 46.77, which gives CWH stock a 52-week price range ratio of 8.11%
Camping World Holdings Inc. Class A Commom Stock currently has a PE ratio of 4.60, a price-to-book (PB) ratio of 8.40, a price-to-sale (PS) ratio of 0.16, a price to cashflow ratio of 16.60, a PEG ratio of 2.32, a ROA of 6.42%, a ROC of 9.92% and an ROE of 246.70%. The company’s profit margin is 8.54%, its EBITDA margin is 12.20%, and its revenue ttm is $7.02 Billion, which makes it $168.35 revenue per share.
Of the last four earnings reports from Camping World Holdings Inc. Class A Commom Stock, there were 2 positive earnings surprises and 2 negative earnings surprises. The company has EPS estimate of $1.22 for the next earnings report.
The consensus rating of Wall Street analysts for Camping World Holdings Inc. Class A Commom Stock is Moderate Buy (2.22), with a target price of $37.57, which is +42.42% compared to the current price. The earnings rating for Camping World Holdings Inc. Class A Commom Stock stock is Strong Sell (calculated from actual period earnings estimates revision (80% weight) and previous period earnings surprise (20% weight)).
Camping World Holdings Inc. Class A Commom Stock has a dividend yield of 9.48% with a dividend per share of $2.50 and a payout ratio of 7.00%.
Camping World Holdings Inc. Class A Commom Stock has a Sell technical analysis rating based on Technical Indicators (ADX : 13.55, ATR14 : 1.57, CCI20 : -80.15, Chaikin Money Flow : -0.01, MACD : -0.45, Money Flow Index : 33.31, ROC : -6.52, RSI : 45.07, STOCH (14,3) : 21.66, STOCH RSI : 0.45, UO : 50.37, Williams %R : -78.34), Simple Moving Averages and Exponential Moving Averages.
2. Fisker, Inc. (Ticker: FSR)
Float Shorted: 37.62%
Fisker Inc. Class A (NYSE: FSR) stock closed at 9.24 per share at the end of the most recent trading day (a -4.84% change compared to the prior day closing price) with a volume of 7.42M shares. Is a component of indices and it is traded on NYSE exchange. The company belongs in the Vehicles & Parts industry, Consumer Cyclical sector and employs 148 people. Fisker Inc. Class A CEO is Henrik Fisker.
The one-year performance of Fisker Inc. Class A stock is -39.01%, while year-to-date (YTD) performance is -41.26%. FSR stock has a five-year performance of %. Its 52-week range is between 8.0432 and 23.75, which gives FSR stock a 52-week price range ratio of 7.62%
Fisker Inc. Class A currently has a PE ratio of -6.90, a price-to-book (PB) ratio of 4.18, a price-to-sale (PS) ratio of 16 034.50, a price to cashflow ratio of –, a PEG ratio of 2.32, a ROA of -32.66%, a ROC of -33.27% and an ROE of -48.93%. The company’s profit margin is negative, its EBITDA margin is -418 090.00%, and its revenue ttm is $95.00 Thousand, which makes it $0.00 revenue per share.
Of the last four earnings reports from Fisker Inc. Class A, there were 1 positive earnings surprise and 3 negative earnings surprises. The company has EPS estimate of $-0.39 for the next earnings report.
The consensus rating of Wall Street analysts for Fisker Inc. Class A is Moderate Buy (1.92), with a target price of $19.43, which is +110.28% compared to the current price. The earnings rating for Fisker Inc. Class A stock is (calculated from actual period earnings estimates revision (80% weight) and previous period earnings surprise (20% weight)).
Fisker Inc. Class A pays no dividend.
Fisker Inc. Class A has a Sell technical analysis rating based on Technical Indicators (ADX : 11.25, ATR14 : 0.86, CCI20 : -67.48, Chaikin Money Flow : 0.07, MACD : -0.25, Money Flow Index : 50.38, ROC : -17.06, RSI : 40.84, STOCH (14,3) : 10.56, STOCH RSI : 0.00, UO : 44.28, Williams %R : -89.44), Simple Moving Averages and Exponential Moving Averages.
1. Nikola Corporation (Ticker: NKLA)
Float Shorted: 38.58%
Nikola Corporation (NASDAQ: NKLA) stock closed at 6.49 per share at the end of the most recent trading day (a -2.55% change compared to the prior day closing price) with a volume of 11.16M shares. Is a component of indices and it is traded on NASDAQ exchange. The company belongs in the Vehicles & Parts industry, Consumer Cyclical sector and employs 450 people. Nikola Corporation CEO is Mark A. Russell.
The one-year performance of Nikola Corporation stock is -60.8%, while year-to-date (YTD) performance is -34.25%. NKLA stock has a five-year performance of %. Its 52-week range is between 4.82 and 19.52, which gives NKLA stock a 52-week price range ratio of 11.36%
Nikola Corporation currently has a PE ratio of -3.70, a price-to-book (PB) ratio of 4.51, a price-to-sale (PS) ratio of 1 448.43, a PEG ratio of 2.32, a ROA of -77.85%, a ROC of -91.64% and an ROE of -97.48%. The company’s profit margin is negative, its EBITDA margin is -37 484.20%, and its revenue ttm is $1.89 Million, which makes it $0.00 revenue per share.
Of the last four earnings reports from Nikola Corporation, there were 3 positive earnings surprises and 1 negative earnings surprise. The company has EPS estimate of $-0.44 for the next earnings report.
The consensus rating of Wall Street analysts for Nikola Corporation is Hold (2.71), with a target price of $10.83, which is +66.87% compared to the current price. The earnings rating for Nikola Corporation stock is (calculated from actual period earnings estimates revision (80% weight) and previous period earnings surprise (20% weight)).
Nikola Corporation pays no dividend.
Nikola Corporation has a Sell technical analysis rating based on Technical Indicators (ADX : 18.95, ATR14 : 0.63, CCI20 : 47.39, Chaikin Money Flow : 0.02, MACD : -0.11, Money Flow Index : 70.77, ROC : 9.63, RSI : 46.93, STOCH (14,3) : 45.09, STOCH RSI : 0.00, UO : 53.16, Williams %R : -54.91), Simple Moving Averages and Exponential Moving Averages.
SUMMARY
Discussion about this post