Lucid stock faces significant short-seller activity
Finbold • 602 days
Low Materiality0/10
Information
Lucid (NASDAQ: LCID) experienced an exceptionally high level of options trading activity on June 24....
Original sourceAI Summary
- Traders purchased 99,267 put options on LCID, a 60% increase from typical volume. - LCID has a high short-interest ratio of 28%, with over 250 million shares. - LCID trading below key moving averages, with current support at $2.49. - Strong institutional support with hedge funds owning 75.17% of Lucid stock. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Research Analysis
Market-Moving
- Traders purchased 99,267 put options on LCID, a 60% increase from typical volume.
- LCID has a high short-interest ratio of 28%, with over 250 million shares.
- LCID trading below key moving averages, with current support at $2.49.
Key Facts
- Traders purchased 99,267 put options on LCID, a 60% increase from typical volume.
- LCID has a high short-interest ratio of 28%, with over 250 million shares.
- LCID trading below key moving averages, with current support at $2.49.
- Strong institutional support with hedge funds owning 75.17% of Lucid stock.