5 Most Shorted Stocks Right Now

4. Arcimoto, Inc. (NASDAQ:FUV)

Number of Hedge Fund Holders: 3    

Float Shorted: 35.65%  

Arcimoto, Inc. (NASDAQ:FUV) markets three-wheeled electric vehicles. As worries rise over US President Biden trying to fund a new plan to support clean energy tech, investors have been dumping firms like Arcimoto, Inc. (NASDAQ:FUV). Inflation pressures are adding to the negative sentiment around the company. The earnings results of Arcimoto, Inc. (NASDAQ:FUV) over the past few months have not turned any heads either. 

These are some of the reasons why there is muted hedge fund interest in Arcimoto, Inc. (NASDAQ:FUV). At the end of the third quarter of 2021, 3 hedge funds in the database of Insider Monkey held stakes worth $3 million in Arcimoto, Inc. (NASDAQ: FUV), compared to 4 in the previous quarter worth $5 million.