Tesla Short Interest Soars To 21.16%, Making It 4th Most Shorted Stock Currently: Here's What Its Charts Indicate
1. Tesla's short interest rose over 21%, totaling 81.331 million shares. 2. It is the fourth most shorted stock in the U.S. market. 3. Average daily trading volume increased, indicating higher trading activity. 4. Technical indicators suggest a bearish trend but decreasing momentum. 5. Analysts maintain a 'hold' rating with an average price target of $309.55.