Lucid Group (LCID) is facing renewed bearish pressure as short interest has surged to 28.1% of its free float. This represents the highest level of short positioning for the EV manufacturer in several months. The increase in short activity coincides with a 22% decline in the stock price over the past month, following the company's decision to suspend guidance. While German EV registration data hit record highs in August, the market remains skeptical of Lucid's operational outlook, leading to this significant buildup in short positions.
Signal data sourced from Ortex. This post is an original analysis prepared by The Forensic Ledger from publicly available data. Not investment advice.
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