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International Business Times
International Business Times
Business

THE TRUTH ABOUT: Spacexs stock keeps falling short sellers are now piling up - Caught on Camera

Short sellers are piling up their bets against SpaceX as the company's stock falls after its IPO last month. (Credit: Getty Images)

Short sellers are piling up their bets against SpaceX as the company's stock falls after its IPO last month.

CNBC detailed that about 30% of the company's publicly tradable shares are being sold short. It has climbed from between 5% to 7% three weeks ago, the outlet added, citing data from S3 Partners.

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