NEW YORK ( TheStreet) -- Tesla (TSLA) is many things to many people. For short sellers, it represents a position they don't want to abandon, as shown in the last reporting period when short interest edged higher.While short interest declined from a March 15 peak of over 40% to "only" 32% of the float on June 14, it rose from two weeks earlier. Short interest deflating in the aftermath of a tripling in share price is unsurprising. Also, what shouldn't surprise investors is that short sellers have slowed down only briefly.
Tesla's Short Sellers Refuse to Pull Over
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