Short interest as of 7/31/13 (settled date) was published today (Tesla Motors, Inc. (TSLA) Short Interest - NASDAQ.com). As TSLAopt has noted it takes 3 business days to settle, so the 7/31/13 settled date is reflective of short interest as the end of trading on 7/26/13 (closing share price: $129.39).
As of 7/26/13, 25.7% of the float was short (19.78m of 76.93m shares in float). This was an increase from 7/10/13 (7/15 settle date, closing share price: $122.27), when 24% of the float was short (18.49m of 76.93m shares in float).
- - - Updated - - -
Settlement Date Short Interest Avg Daily Share Volume Days To Cover 7/31/2013 19,783,866 12,231,921 1.617396 7/15/2013 18,491,029 8,684,647 2.129163 6/28/2013 19,815,686 8,152,764 2.430548 6/14/2013 19,929,119 10,040,777 1.984818 5/31/2013 18,584,615 15,751,250 1.179882
We got our increase. Much higher than both of us had guessed (16-17m shares).
The shorts could have covered pre Q2 ER, between July 29 and August 7. But highly unlikely a large % of them did. So, I'd expect/guess short interest to still be quite high right now.
Yep, I imagine that the short squeeze will happen slowly over this quarter or next once the stock stabilizes for a while and the shorts slowly come to the conclusion that this is going to be valued as a successful disruptor like AMZN or NFLX...wouldn't be surprised if the price hits 250 by the time short interest comes down below 10mm shares to a more normal level.