Latest news with #shortinterest
Bloomberg
a day ago
- Business
- Bloomberg
Short Sellers Rack Up $2.5 Billion Loss on Riskiest US Stocks
It's been a brutal month for traders shorting the riskiest US stocks, and as animal spirits imbue retail investors with boundless confidence, strategists expect the misery to continue for bears. As of Thursday, investors had lost $2.5 billion in July betting against the 50 US-listed stocks with the highest short interest, according to data from S3 Partners. Doubting the hype in those firms, which include meme-stock darling Kohl's Corp., produced four times greater losses than the average short in the US market as individual traders have pushed into a number of speculative names.
Yahoo
4 days ago
- Business
- Yahoo
Nasdaq Announces Mid-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date July 15, 2025
NEW YORK, July 25, 2025 (GLOBE NEWSWIRE) -- At the end of the settlement date of July 15, 2025, short interest in 3,260 Nasdaq Global MarketSM securities totaled 13,792,841,090 shares compared with 14,138,758,851 shares in 3,257 Global Market issues reported for the prior settlement date of June 30, 2025. The mid-July short interest represents 2.37 days compared with 2.59 days for the prior reporting period. Short interest in 1,647 securities on The Nasdaq Capital MarketSM totaled 2,853,251,720 shares at the end of the settlement date of July 15, 2025, compared with 2,790,159,938 shares in 1,636 securities for the previous reporting period. This represents a 1.00 day average daily volume; the previous reporting period's figure was 1.00. In summary, short interest in all 4,907 Nasdaq® securities totaled 16,646,092,810 shares at the July 15, 2025 settlement date, compared with 4,893 issues and 16,928,918,789 shares at the end of the previous reporting period. This is 1.84 days average daily volume, compared with an average of 1.72 days for the prior reporting period. The open short interest positions reported for each Nasdaq security reflect the total number of shares sold short by all broker/dealers regardless of their exchange affiliations. A short sale is generally understood to mean the sale of a security that the seller does not own or any sale that is consummated by the delivery of a security borrowed by or for the account of the seller. For more information on Nasdaq Short interest positions, including publication dates, visithttp:// Nasdaq:Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at NDAQO Media Contact: Maximilian A photo accompanying this announcement is available at
Bloomberg
5 days ago
- Business
- Bloomberg
Meme Stock Fever Can Cool as Quickly as It Begins
Meme stock mania returned in full force this week, but for some names, the gains are vanishing quickly. I'm Claire Ballentine filling in for my colleague Charlie Wells this week. I've been following meme stocks for a while now, and I remember when this was brand-new back in 2021 (check out the time I spent 11 hours on Reddit for a story). This time, hordes of everyday investors piled into heavily shorted companies like Kohl's and Opendoor, along with GoPro, Krispy Kreme and Beyond Meat.
Yahoo
6 days ago
- Business
- Yahoo
The DORKs are popular this week. Here's the new class of meme stocks retail traders are pumping to the moon.
A surge in Opendoor stock in the last week has triggered a fresh meme stock rally. Retail traders are bidding up stocks with high levels of short interest and shaky financials. Opendoor, Kohl's, and others are seeing massive trading volumes. The DORKs are popular this week. With stocks at record highs, there's a new class of meme stocks that's grabbed the attention of retail traders. Absent are the OG meme names GameStop and AMC. Those early favorites have been replaced by another group. The DORKs—an acronym being thrown around by bullish traders to refer to the ticker symbols of Krispy Kreme, Opendoor, Rocket Lab, and Kohl's—are spiking in the last few days, with the burst of enthusiasm sparked by a stunning rally in Opendoor stock that's mostly cooled off even as the rest of the group surges. It's looking similar to 2021, when everything from crypto to pandemic-era blank check firms to highly-shorted companies with weak financials were getting pushed to dizzying heights. And with recent legislation proposing to loosen day trading restrictions by lowering the minimum margin account threshold, there's never been a more retail-friendly time in the markets. But there are differences, too, between today's rally and the pandemic-era frenzy. "Today's surge is powered by advances in trading technology, wider use of leverage, and the rapid expansion of the options market. Confidence among retail traders is notably higher, fueled in part by recent gains in crypto markets," Mark Hackett, chief market strategist at Nationwide, said. "While this activity reflects rising risk appetite, it remains isolated and has yet to challenge the broader market's calm and steady tone." Taking a page from Warren Buffett's book, investors are getting greedy, which also means extra caution may be warranted. Tony DeSpirito, head of US fundamental equities at BlackRock, is sensing some pockets of froth in the market as sentiment continues to rise and meme stocks surge. In particular, stocks with high multiples but low growth are concerning to DeSpirit. "Meme stocks are the epitome of greed," DeSpirito told Business Insider. "If I'm advising an individual, I'd tell them to stay away from the meme stocks and get the stocks that actually have good cash flow, good earnings, etc." Here's what's been moving in the meme stock world. Opendoor Technologies Prior to last week, Opendoor was an unloved penny stock on the verge of delisting from the Nasdaq. After hedge fund manager Eric Jackson shouted out the stock on X and gave it a hefty $82 price target, enthusiasm for Opendoor surged, activating the retail trader cohort who quickly went all-in. The stock has rallied over 440% in the last month alone, going from under a dollar to $2.88, even hitting $4.71 briefly at one point on Monday. The rally has stalled in recent days, with the shares down as much as 28% on Wednesday. The stock is still up 310% in the last month. Kohl's Corporation Kohl's stock jumped 38% on Tuesday, not on the heels of corporate news or earnings, but rather r/WallStreetBets chatter. Retail traders identified a short interest of nearly half of the company's float, making the stock a perfect candidate for a short squeeze. The frenzy caused trading in Kohl's shares to be temporarily paused during Tuesday's session. Krispy Kreme The doughnut chain Krispy Kreme surged 28% on Tuesday. The stock started 2025 trading at nearly $10 and proceeded to slide downwards in the following months after the company reported disappointing earnings—until this week. The stock soared again on Wednesday, up as much as 39%before paring gains. Krispy Kreme also has a significant short interest level of 33%, making it another target for Reddit short squeezers. Rocket Lab Rocket Lab stock has surged amid increased retail interest in space technology. The company provides end-to-end space services and is a rival to Elon Musk's SpaceX. The stock has been a Wall Street Bets favorite for many months now. Rocket Lab has surged nearly 50% in the last month and is up nearly 100% year-to-date, bolstered by news of recent government contracts and scheduled launches. The company's short interest comprises 13% of its float. GoPro Digital camera producer GoPro was also swept up in the meme-stock craze. In its heyday back in 2015, the stock traded at $67. A big influx of retail volume has propelled the stock from under a dollar to above $2 immediately upon Wednesday's open. The stock was up as much as 72% on Wednesday before paring the gain to around 40%. Nearly 10% of GoPro's float is shorted. Read the original article on Business Insider
Yahoo
6 days ago
- Business
- Yahoo
Why Shares of Kohl's Are Sinking Today
Key Points Kohl's has become a meme stock. Investors recently noticed the stock had close to 50% short interest. The company has struggled as of late. 10 stocks we like better than Kohl's › After rocketing nearly 38% higher yesterday, shares of Kohl's (NYSE: KSS) traded close to 16% lower, as of 12:12 a.m. ET today. Shares bobbed and weaved in violent trading sessions sparked by interest from retail investors, who view Kohl's as a meme stock. Meme mania is back With the market at all-time highs, investors are back in on meme stocks and appear to have targeted several names with high short interest that seem ripe for a short squeeze. Other stocks that have become meme stocks include Opendoor, Krispy Kreme, and GoPro. Kohl's had one of the highest percentages of its public float shorted at close to 50%, making it the ideal candidate for meme investors to identify. Kohl's was the topic of several threads on the popular sub-Reddit WallStreetBets on Tuesday. Kohl's has struggled as competition from e-commerce and other discount retailers has cut into the company's business. Recently, analysts at Goldman Sachs raised their price target from $5 per share to $7 on "reacceleration in top-line growth and cleaner inventories." But the stock has soared past that level, due to the meme rally. Of the 12 Wall Street analysts that have issued research reports on the stock over the last three months, five had a hold rating on the company, while seven say sell, according to TipRanks. The average price target implies about 43% downside, as of this writing. Buckle up As mentioned, Kohl's no longer trades on any kind of fundamentals and now is being propelled by social media-driven exuberance. There's no predicting where the stock will go or in which direction, so investors should avoid the name. But if you do invest, only invest what you can afford to lose. Should you invest $1,000 in Kohl's right now? Before you buy stock in Kohl's, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Kohl's wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $641,800!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,023,813!* Now, it's worth noting Stock Advisor's total average return is 1,034% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Bram Berkowitz has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Goldman Sachs Group. The Motley Fool has a disclosure policy. Why Shares of Kohl's Are Sinking Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
