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Analyzing Rivian Automotive Inc. - Class A Common Stock's Short Interest

Rivian Automotive Inc Nasdaq

Rivian Automotive Inc. - Class A Common Stock's (NASDAQ:RIVN) short percent of float has risen 31.01% since its last report. The company recently reported that it has 44.79 million shares sold short, which is 9.59% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.4 days to cover their short positions on average.

Why Short Interest Matters

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