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Nio Inc's short interest fell in March, despite a quarterly loss, its stock rose 4.6% to $3.99.
Nio Inc's short interest fell by 15.8% in March, reaching 180.54 million shares, with 8.7% of the stock short sold.
Despite a negative net margin and earnings per share, Nio's revenue increased 15.2% year-over-year.
The company received mixed ratings, including a "Strong Buy" and an average "Hold."
Nio's stock price rose 4.6% to $3.99 on Tuesday, after reporting a quarterly loss of $0.47 per share.
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El corto interés de Nio Inc cayó en marzo, a pesar de una pérdida trimestral, su stock subió 4,6% a $3,99.