5 Most Shorted Stocks to Watch

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In this article, we will discuss the 5 most shorted stocks to watch today. To take a look at some more stocks being shorted and the latest market situation, go to 10 Most Shorted Stocks to Watch.

5. Arcimoto, Inc. (NASDAQ:FUV)

Float Shorted: 44.40%

Number of Hedge Fund Holders as of December 31: 1

Arcimoto, Inc. (NASDAQ:FUV) is a Eugene, Oregon-based electric vehicle company that manufactures two-wheel and three-wheel fun utility vehicles (FUV). The company also sells EVs specially designed for last-mile delivery and rapid responders for emergencies.

Arcimoto, Inc. (NASDAQ:FUV) is burning through cash fast and would be required to sell new common shares to raise funds for operations. As of March 31, Arcimoto, Inc. (NASDAQ:FUV) had only $7.2 million left in cash. The company is operating on the expectations that it will be able to secure a significant amount of Advanced Technology Vehicles Manufacturing (ATVM) loan.

Only one hedge fund held a stake in Arcimoto, Inc. (NASDAQ:FUV) as of Q4 2021, compared to 3 funds in the previous quarter.

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