Nel ASA is a globally operating Norwegian company based in Oslo, which supplies solutions for the producton of hydrogen from electrical energy, as well as its storage and distribution Apparently, despite the sharp correction at the Norwegian electrolyser, short sellers still suspect good business. According to data from the business agency Bloomberg, investment companies such as Helikon, Odey, Arrowstreet Cap, Capital Fund and JP Morgan have increased their short positions at Nel and bought a total of over 100 million shares short – this corresponds to 6.9 percent of all outstanding shares in the Norwegians.
What do you think, guys? Is that a meme stock?
via r/wallstreetbets https://ift.tt/3qhG8Zq
June 23, 2021 at 03:39AM