The post Giant Lucid stock short squeeze alert appeared on BitcoinEthereumNews.com.

⚈ Lucid stock saw short-selling rise to 43.73% of trades on April 30.⚈ Short interest is high at 28.86% of float with a 4.76-day cover ratio.⚈ A short squeeze is unlikely despite strong volume rebounds and upcoming May 6 earnings. Lucid stock (NASDAQ: LCID) is experiencing increased short-selling activity, which could culminate in a short squeeze. To be more precise, 43.73% of LCID shares traded on April 30 were sold short — representing an uptick from 39.23% at the start of the week. LCID stock short volume ratio. Source: Fintel While the increase in short positions is not linear, and still appreciably lower than in mid and early April, there are other metrics to consider when looking at the big picture. At present, the electric vehicle (EV) stock’s short interest is equivalent to 28.86% of its float, equating to significant bearish sentiment. Moreover, the current short interest ratio of Lucid stock stands at 4.76 days — indicating that it would take a fairly long time to close out the short positions currently opened. LCID stock short selling statistics. Source: Fintel Lucid stock could see a surge following earnings call One possible cause behind the increased short-selling activity is the company’s next earnings call, due May 6.  At press time on May 1, Lucid stock was changing hands at a price of $2.51, having made a 4.58% move to the upside following a low of $2.40 a day prior. LCID stock price 1-week chart. Source: Finbold While Q1 production and delivery figures showed promising year-over-year (YoY) growth, this failed to materialize into a significant move to the upside. Lucid is mostly tariff-proof, as a majority of its production processes are located in the United States — but duties on some of the components it does import could have an impact on…

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Filed under: News - @ May 1, 2025 9:28 am