Persistent Short Pressure on Lucid Group
Lucid Group (LCID) remains one of the most heavily shorted stocks in the electric vehicle sector, with 32.7% of its public float currently sold short. While the borrow fee is relatively modest at 6.39% compared to more distressed names, the sheer volume of short interest—representing over 32% of the float—highlights a deep-seated bearish conviction among institutional and retail traders.
The days-to-cover ratio for LCID stands at 6.2, suggesting that a significant amount of trading volume would be required for short sellers to unwind their positions. This high level of open interest makes the stock prone to volatility, particularly during periods of sector-wide news or company-specific updates. Traders are advised to watch for any shifts in borrow availability, as a sudden spike in fees could indicate a change in the lending market's appetite for the stock.
Key Takeaways
- Short interest as % of float: 32.7%.
- Annualized borrow fee: 6.39%.
- Days to cover: 6.2.
- Market sentiment: Sustained bearish positioning.
The Bottom Line
LCID continues to be a major target for short sellers. With over 32% of the float shorted, the stock remains a key name to watch for potential squeeze activity if market conditions shift.
Signal data sourced from Tapeboard. This post is an original analysis prepared by The Forensic Ledger from publicly available data. Not investment advice.
Not investment advice. This is original reporting and analysis prepared by The Forensic Ledger from publicly available data. Nothing here is a recommendation to buy, sell, or hold any security. Always consult the original source and a licensed professional. See our full disclaimer and source-citation policy.