Dragon Fish
:
US Nio outstanding short position increased further to 201mil last updated 15th Nov. From less than 9% to 9.66%. This show that Shorties really like to short Nio very much.
Dragon Fish
:
Why the other EVs like XPeng only half of Nio. Li Auto only 1/4 of Nio. The best one Zeekr only less than 1% short position. So I can conclude that the higher the short position the header the price to go up. That's why Nio price is at the bottom lowest among the 4 EV ctrs?
Dragon Fish
:
For those who really want to bet on the short term EV ctr. Better avoid Nio. Shorties always win at the end because they have a lot of bullets to short. Borrowing shares only need to pay 3% interest and they can earn 30% is a very lucrative type of bet. Even short squeezes also can't stop them from continuing short again. The lesson learnt must be remembered. Avoid shorties infested ctr.
Once Nio obtains profitability, the shorts will F off.
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