Lyft short-sellers have plenty of "dry powder" to increase positions, according to research note. The ride-sharing company has attracted short interest of nearly $1 billion in its rocky market debut. Shares were down more than 17% from where they debuted last Friday. Watch Lyft trade live. Traders have amassed a nearly $1 billion bet against […]
Traders are waging a nearly $1 billion bet against Lyft and still have lots of ‘dry powder’ (LYFT)
Lyft short-sellers have plenty of "dry powder" to increase positions, according to research note. The ride-sharing company has attracted short interest of nearly $1 billion in its rocky market debut. Shares were down more than 17% from where they debuted last Friday. Watch Lyft trade live. Traders have amassed a nearly $1 billion bet against […]