Short interest in Nikola Corp (NASDAQ:NKLA) increased during the last reporting period, rising from 13.03M to 14.71M. This put 24.2% of the company's publicly available shares short.
Short interest for Nikola gives investors a sense of the degree to which investors are betting on the decline of Nikola's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 5.25M shares traded per day, it would take 2.8 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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