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ποΈ 25 May 2019
β±οΈ 6 minutes
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β Updated TSLA short interest for reporting date 5/15
β SpaceX successfully launches first production Starlink satellites
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Executive producer Rob Gill
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Music by Evan Schaeffer
Disclosure: Rob Maurer is long TSLA stock & derivatives
The post Updated Short Interest (05.25.19) appeared first on TechCast Daily.
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| 0:00.0 | Hello and welcome to the Saturday May 25th 2019 edition of Tesla Daily on |
| 0:11.3 | official Tesla Podcast. |
| 0:13.0 | My name is Rob Maower today. |
| 0:14.0 | I just wanted to give a really quick update on short interest. |
| 0:16.0 | We have newly published information from yesterday's close. |
| 0:20.0 | Tesla stock on Friday did finish down 2.49% to $190.63, this compared to the NASDAQ up 0.11%. |
| 0:30.0 | After market closed yesterday, we did get updated short interest on Tesla. |
| 0:35.0 | As a reminder, there is a delay in the publishing of short interest. |
| 0:37.8 | We get it two times a month, and then there's about a nine to ten day delay in the publishing. |
| 0:42.3 | So this report is for short interest as of May 15th. |
| 0:46.2 | Our previous report was as of April 30th. |
| 0:49.4 | On April 30th, we had continued to see short interest |
| 0:52.3 | rising dramatically to 37.9 million shares. |
| 0:56.4 | That was up significantly from April 15th of 33.5 million and way up from the short interest |
| 1:02.4 | that we saw in February on the 15th of |
| 1:04.7 | February short interest was just 25 and a half million shares. So back to the |
| 1:09.2 | May 15th numbers then we saw short interest come in just shy of 37.6 million shares, which is the first time that |
| 1:16.4 | short interest has actually fallen since January. Now it wasn't a big decrease, only |
| 1:21.0 | about 350,000 shares, but the most interesting thing to me is that we didn't continue to see such significant |
| 1:27.2 | increases like we have been seeing. That does make sense though we're definitely |
| 1:30.6 | approaching the high end of historical short interest. It peaked at |
| 1:34.6 | about 39.1 million shares back in April of last year. So as you get closer to that peak it becomes |
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