Nvidia’s market capitalization reached $3 trillion, making it the second-largest public company in the U.S. behind Microsoft. Short interest in Nvidia is valued at around $2 billion in the last 30 days, raising questions about future stock movement after the planned 10-for-1 stock split. S3 Partners CEO Ihor Dusaniwsky discusses the impact of short selling on Nvidia and GameStop, which has seen a brief squeeze due to recent price movements. Short interest in GameStop currently stands at $2 billion, indicating a strong bearish sentiment. Overall short selling has increased by $25 billion in the last 30 days, with a focus on technology stocks. MicroStrategy stands out with 21% of its float shorted, reflecting a double bet on Bitcoin. Dusaniwsky emphasizes the importance of analyzing short positions to gauge market sentiment and potential trends.
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https://finance.yahoo.com/video/nvidia-why-investors-shorting-stock-205614069.html
Investor Sentiment: Why Short Interest in Nvidia is Increasing Before Stock Split
