YAHOF - Alibaba: Why Is It The World's Most Shorted Stock?
The Short Volume Of Alibaba Exceeds Tesla
It has been for some time that the value of Alibaba (BABA) shorts exceeds even that of the controversial EV manufacturer Tesla (TSLA). Based on the 126 million shares sold short in Alibaba and the current price at $193.29, the short interest is around $24 billion. In contrast, the short interest in Tesla is only less than half that at around $10.5 billion, even though as much as 17.7 percent of its outstanding shares are sold short, compared to just 4.9 percent for Alibaba.