S3 Partners Managing Director of Predictive Analytics Ihor Dusaniwsky highlights short-interest positioning and performance by speculators in Tesla Inc. (NASDAQ: TSLA), as they found themselves down nearly $4.1 billion in mark-to-market losses over the first three quarters of 2017, with an average $9.4 billion short position. However, speculators have recently recovered $890 million on the short bet since September 18th, when Tesla reported Model 3 production delays, causing shares to fall 20% since that announcement.

Even though shorts covered roughly 3.3 million in short bets since the historical short interest high on September 21st, TSLA represents the largest short-interest in the U.S. equity market with 28 million shares shorted worth $8.6 billion. It is third largest short worldwide behind Alibaba and Ping An Insurance.

Source: www.S3partners.net