The Latest Breaking News from Ortex

SpaceX's Stock Has Tumbled Below Its IPO Price. Short Sellers Betting Against It Are Up Billions

According to data from analytics firm Ortex Technologies, short sellers have continued to increase their bearish wagers against SpaceX even after the stock's steep decline.

International Business Times · Jul 23

US Stock Market: Heavy short selling puts spotlight on SpaceX's volatile post-IPO journey

Short sellers have dramatically increased their bets against SpaceX, with nearly a third of its tradable shares now sold short. Despite initial paper profits, a recent stock rebound has led to substantial losses for these bearish investors. This surge in short interest, unusual for a new public company, could fuel…

The Economic Times · Jul 2

NYCB Short Sellers Face Million Losses After Earnings Rally

Short sellers of NYCB face million losses as stock price surges post-earnings report. Learn about risks in short selling and market uncertainties.

Top News · May 2, 2024