NVIDIA Corp (NVDA) short interest is $1.97 billion; 30.42 million shares shorted; 2.19% short interest % of float; 0.30% stock borrow fee (general collateral). NVDA is the 6th largest short in the U.S. Semiconductor Sector.
NVDA shares shorted are down 5.7 million shares, -30.78%, in 2019 and down 1.3 million shares,-9.00%, in February.
Short sellers are down $418 million in mark-to-market losses in 2019, including a $63 million mark-to-market loss on todayâ€™s +3% stock price jump.
We are seeing continued sizeable short covering today as shorts are looking to reduce their exposure to the stock in this rally.
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Managing Director Predictive Analytics, S3 Partners, LLC
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