The short interest ratio of XPeng (XPEV) is 4.12 days to cover1. This indicates that it would take approximately 4.12 days for short sellers to close their positions if they were to buy back shares at the current rate of trading. A short interest ratio this high suggests strong bearish sentiment among investors, as it indicates a large number of shares available for short selling relative to the float.
- Current Short Interest: As of the most recent reporting period, XPeng had 59,049,777 shares sold short1. This represents 9.74% of the company's publicly available shares1.
- Comparison with Industry Standards: A short interest ratio of 4.12 days to cover is considered high within the industry context. For example, the average car payment for new vehicles in the first quarter of 2024 was $735 monthly, which is significantly lower than XPeng's short interest ratio2.
- Implications: Such a high short interest ratio can be a signal to investors that a large number of shares are available for short selling, which could lead to potential volatility in the stock price. It may also indicate that a significant portion of the market believes the stock is undervalued or has negative growth prospects in the near term1.
8/7/2024 08:58pm
