4.8 β’ 1.1K Ratings
ποΈ 11 January 2019
β±οΈ 7 minutes
ποΈ Recording | iTunes | RSS
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β TSLA short interest update from 12/31/18
β Update on Smart Summon progress
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Executive producer Jerome Jorden
Executive producer Rob Gill
Executive producer Rish Singh
Music by Evan Schaeffer
Disclosure: Rob Maurer is long TSLA stock
The post TSLA Short Interest, Smart Summon Update (01.10.19) appeared first on TechCast Daily.
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0:00.0 | Hello and welcome to the Thursday January 10th 2019 edition of Tesla Daily Unofficial |
0:12.3 | Tesla Podcast. My name is Rob Mower. Today we are talking |
0:15.4 | about updated short interest for Tesla stock as well as some news on Tesla's autopilot's |
0:20.7 | Summon feature. Tesla stock on the day day finishing up 1.90% to $ 344.97, |
0:28.6 | this compared to the NASDAQ up 0.42%. |
0:32.1 | For those of you keeping track, I still do hold all of my January option positions, so I'll keep |
0:37.2 | you guys updated as we head into the expiration for those next week. |
0:41.5 | Staying on the stock for a second, we do have updated short |
0:44.0 | interest numbers that came out today after market close. He's our further |
0:47.3 | reporting date of December 31st, 2018. So as of the end of the year, Tesla had 25.6 million shares sold short. |
0:56.2 | This continues the decline that we've seen in short interest by about 1.1 million shares |
1:01.5 | since the last reporting date of December 14th. |
1:05.0 | In fact, this is the fifth consecutive period |
1:08.2 | that we have seen in short interest fall |
1:10.2 | in every reporting date since October 15th, |
1:12.4 | which was the last period prior to the Q3 earnings report. |
1:16.2 | We've been keeping a really close eye on the short interest because as we've been talking about since that |
1:21.0 | Q3 report, my belief is that that represented a fundamental shift in |
1:25.1 | Tesla's business and the type of investors that it can attract for both the long and short |
1:30.2 | side. |
1:31.2 | As a reminder from our previous conversations on short interest, when |
1:34.1 | Tesla first reported Q3 earnings in that next reporting period, short interest |
... |
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