As of the close of business on Monday, 10/10, we captured the Top 10 Highest Short Interest % stocks within the Consumer Cyclical.
The average short interest for stocks within the Consumer Cyclical sector stands at 4.86%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.
The battle between electric vehicle leader Tesla Inc (NASDAQ: TSLA) and other traditional gas-powered traditional automakers is expected to heat up in coming years. Now, a former Tesla executive has jumped on board with a future rival.
Electric vehicle stocks moved to the downside once again in the week that ended Sept. 30 as economic worries continue to roil the broader market. Lordstown Motors Corp. (NASDAQ: RIDE) and Workhorse Group, Inc.
An Indian automotive company could bring to market a $10,000 electric vehicle before several major electric vehicle companies launch in the country.
What Happened: Tata Motors Limited ADR (NYSE: TTM) showed off its new electric vehicle that comes with a starting price of around $10,000.