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5 Most Shorted Stocks Right Now on Wall Street

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In this article, we will look at the 5 most shorted stocks on Wall Street right now. If you want to explore similar stocks, you can go to 15 Most Shorted Stocks Right Now on Wall Street.

5. Silvergate Capital Corporation (NYSE:SI)

Number of Hedge Fund Holders: 22

Short % of Float (Jan 30, 2023): 64.93%

Silvergate Capital Corporation (NYSE:SI) is the bank holding company for Silvergate Bank and provides various banking products and services to businesses and individuals in the United States. As of January 30, 64.93% of the company’s float has been shorted. Silvergate Capital Corporation (NYSE:SI) is placed fifth among the most shorted stocks on Wall Street right now.

On March 2, Compass Point analyst David Rochester lowered his price target on Silvergate Capital Corporation (NYSE:SI) to $16 from $10 and downgraded the stock to Neutral from Buy.

At the end of Q4 2022, Silvergate Capital Corporation (NYSE:SI) was a part of 22 investors’ portfolios. These funds held collective positions worth $106.5 million in the company, down from $441.3 million in the previous quarter with 27 positions.

As of December 31, Miller Value Partners is the top investor in Silvergate Capital Corporation (NYSE:SI) and has disclosed a stake worth $24.7 million in the company.

Here is what Artisan Partners had to say about Silvergate Capital Corporation (NYSE:SI) in its fourth-quarter 2022 investor letter:

Silvergate Capital Corporation (NYSE:SI) (holding company for its wholly owned subsidiary, Silvergate Bank) is the leading regulated provider of traditional banking solutions to the digital currency industry. Our thesis was focused on its ability to expand the Silvergate Exchange Network (SEN), a proprietary, virtually instantaneous payment network for participants in the digital currency industry which serves as a platform for the development of additional products and services. As a bridge between regulated financial markets and the crypto industry, the company has established itself as a core infrastructure layer. Unfortunately, disruption in the digital asset industry, fueled by the unfolding demise of FTX, has once again raised uncertainty around the health of the digital asset industry overall. We not only questioned our profit cycle thesis given the issues at FTX, but we also had concerns surrounding the Silvergate franchise given the now increased level of regulatory uncertainty and decided to harvest our GardenSM position.”

Follow Silvergate Capital Corp (OTC:SICP)

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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