Heavily shorted stocks are falling despite the meme trend. Here are the top 10 biggest short bets

Heavily shorted stocks are falling despite the meme trend. Here are the top 10 biggest short bets

Lordstown Motors Corp prototype of the electric vehicle start-up’s Endurance pickup truck, which it will begin building in the second half of 2021, is seen at the company’s plant in Lordstown, Ohio, U.S. June 25, 2020.

Lordstown Motors | Reuters

Despite some select shares getting a pop from the meme trading crowd, most short bets are in fact working and not getting blown up by retail traders via so-called short squeezes.

Original news source Credit: www.cnbc.com



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